Statute · California Water Code

Cal. Water Code § 25118 — Unauthorized Refunding Modification

Cal. Water Code § 25118

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

All refunding bonds the terms of which have been modified shall continue to be binding outstanding bonds of the district and negotiable instruments irrespective of any indorsement of the terms of the modification or of the extension of the time of payment and shall be payable in accordance with…

Citator

Cal. Water Code § 25118 — Unauthorized Refunding Modification is in force in the current edition of the Code, and nothing recorded condemns it.

All refunding bonds the terms of which have been modified shall continue to be binding outstanding bonds of the district and negotiable instruments irrespective of any indorsement of the terms of the modification or of the extension of the time of payment and shall be payable in accordance with their terms and the provisions of the modification.