California Water Code ARTICLE 9 - Refunding Bonds

• Section 9510.
  The board may, by resolution entered in its minutes, order the refunding of the whole or any part of the principal of any bond issue...
• Section 9511.
  Refunding bonds may be issued for the purpose, and when issued their proceeds may be used to refund outstanding bonds either as they mature or...
• Section 9512.
  The resolution ordering refunding of bonds shall designate the numbers, denominations, dates of maturity and aggregate principal amounts of the bonds to be refunded, and...
• Section 9513.
  Refunding bonds shall mature serially in amounts to be fixed by the board in its resolution.(Added by Stats. 1943, Ch. 369.)
• Section 9514.
  The payment of the refunding bonds shall begin not later than five years from the date thereof and shall be completed in not more than...
• Section 9515.
  The refunding bonds, together with interest thereon, shall be payable at the office of the State Treasurer.(Added by Stats. 1943, Ch. 369.)
• Section 9516.
  Refunding bonds shall be issued in such denominations as the board may determine except that no bonds shall be of a denomination of less than...
• Section 9517.
  The refunding bonds shall be signed by the president of the board or such other member of the board as the board may by resolution...
• Section 9518.
  The interest coupons of the refunding bonds shall be numbered consecutively and signed by the secretary of the board by his engraved or lithographed signature.(Added...
• Section 9519.
  In case any officer whose signature or countersignature appears on the refunding bonds or coupons ceases to be such officer before the delivery of the...
• Section 9520.
  The refunding bonds may be issued and sold by the board as it may determine but for not less than their par value and accrued...
• Section 9521.
  The proceeds of the refunding bonds shall be placed in the State Treasury to the credit of the drainage district in the bond fund of...
• Section 9522.
  The proceeds may also be used to defray the expenses of refinancing the obligations.(Added by Stats. 1943, Ch. 369.)
• Section 9523.
  The principal and interest of the refunding bonds shall be based upon, secured by and payable out of the assessment or assessments upon which the...
• Section 9524.
  Upon the sale of any of the refunding bonds, installments of the assessment upon which the bonds are based shall be called and collected and...
• Section 9525.
  The refunding bonds or any part thereof when sold may be called and redeemed by the board in the manner provided by Chapter 6 of...
• Section 9526.
  The refunding bonds issued by the drainage district pursuant to this part shall be legal investments for all trust funds and for the funds of...
• Section 9527.
  Whenever bonds of cities, cities and counties, counties or school districts may by law be issued as security for the performance of any act or...

Last modified: October 22, 2018