Statute · California Water Code

Cal. Water Code § 25301 — Callable Bonds

Cal. Water Code § 25301

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

Callable bonds may be redeemed in addition to other methods permitted in the following manner:

Citator

Cal. Water Code § 25301 — Callable Bonds is in force in the current edition of the Code, and nothing recorded condemns it.

Callable bonds may be redeemed in addition to other methods permitted in the following manner:

(a) In numerical order or by lot as prescribed in the resolution.

(b) On any interest payment date prior to their fixed maturity.

(c) At not exceeding their par value and accrued interest or on the terms provided in the resolution.