Statute · California Water Code

Cal. Water Code § 25060 — Refunding Bond Sinking Fund

Cal. Water Code § 25060

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

If any issue of refunding bonds are made to mature at one time, the board prior to or at the time of their issuance shall provide for the creation of and payments into a sinking fund for the payment of the bonds in amounts determined by the board.

Citator

Cal. Water Code § 25060 — Refunding Bond Sinking Fund is in force in the current edition of the Code, and nothing recorded condemns it.

If any issue of refunding bonds are made to mature at one time, the board prior to or at the time of their issuance shall provide for the creation of and payments into a sinking fund for the payment of the bonds in amounts determined by the board.