Statute · California Water Code
Cal. Water Code § 11781 — Retirement of Bonds
Cal. Water Code § 11781
- Type
- Statute
- Source
- California Water Code
- Jurisdiction
- California
- Current through
- Nov 2, 2026 (California Legislative Counsel)
In the event the bonds cannot be purchased at a price satisfactory to the department and are not by their terms callable prior to maturity such surplus shall be paid into the fund applicable to the payment of principal and interest of the bonds and shall be used for that purpose.
Citator
Cal. Water Code § 11781 — Retirement of Bonds is in force in the current edition of the Code, and nothing recorded condemns it.
In the event the bonds cannot be purchased at a price satisfactory to the department and are not by their terms callable prior to maturity such surplus shall be paid into the fund applicable to the payment of principal and interest of the bonds and shall be used for that purpose.