California Water Code ARTICLE 4 - Bond Form and Terms

• Section 11730.
  The department shall determine the form, conditions, and denominations of all bonds and the dates which the bonds shall bear.(Amended by Stats. 1957, Ch. 1932.)
• Section 11731.
  The department and the Treasurer shall determine the interest rate or rates on the bonds. The rate or rates may be fixed or variable and...
• Section 11732.
  It is not necessary that all bonds of the same authorized issue bear the same interest rate.(Added by Stats. 1943, Ch. 370.)
• Section 11733.
  Principal and interest on bonds shall be payable at such place or places as may be fixed and determined by the department.(Amended by Stats. 1957,...
• Section 11734.
  Bonds may contain provisions for registration thereof as to principal only or as to both principal and interest.(Added by Stats. 1943, Ch. 370.)
• Section 11735.
  Bonds may be issued in coupon form with interest payable at such times as determined by the department and shall mature at such times and...
• Section 11736.
  The department may provide for the retirement of bonds at any time or times prior to their maturity and in such manner and upon payment...
• Section 11736.5.
  The department may enter into banking, insurance, remarketing, and other financial arrangements as may be necessary or desirable to provide additional security for the payment...
• Section 11737.
  All bonds shall be signed by the director and countersigned by the Governor.(Amended by Stats. 1957, Ch. 1932.)
• Section 11738.
  The signature of the director and the Governor may be by facsimile.(Amended by Stats. 1968, Ch. 411.)
• Section 11739.
  All interest coupons shall bear the facsimile signature of the director.(Amended by Stats. 1957, Ch. 1932.)
• Section 11740.
  In case any officer whose signature or countersignature appears on the bonds or coupons ceases to be such officer before the delivery of the bonds...

Last modified: October 22, 2018