Statute · California Harbors and Navigation Code

Cal. Harb. & Nav. Code § 7218 — General Obligation Bonds

Cal. Harb. & Nav. Code § 7218

Type
Statute
Source
California Harbors and Navigation Code
Jurisdiction
California
Current through
Nov 2, 2026 (California Legislative Counsel)

The board shall, by resolution, prescribe the form of the bonds and the form of the coupons attached thereto and fix the time when the whole or any part of the principal shall become due and payable. The payment of the first installment of principal may be deferred for a period of not more than…

Citator

Cal. Harb. & Nav. Code § 7218 — General Obligation Bonds is in force in the current edition of the Code, and nothing recorded condemns it.

The board shall, by resolution, prescribe the form of the bonds and the form of the coupons attached thereto and fix the time when the whole or any part of the principal shall become due and payable. The payment of the first installment of principal may be deferred for a period of not more than five years from the date of the bonds or the date of the bonds of each series respectively.