Statute · California Water Code
Cal. Water Code § 36212 — Destruction and Redemption of Bonds
Cal. Water Code § 36212
- Type
- Statute
- Source
- California Water Code
- Jurisdiction
- California
- Current through
- Nov 2, 2026 (California Legislative Counsel)
If at the time the vote cast at the election is canvassed a two-thirds majority of the votes cast upon the proposition favors the destruction of the unsold general obligation bonds, the president, in the presence of a majority of the members of the board, shall destroy the bonds.
Citator
Cal. Water Code § 36212 — Destruction and Redemption of Bonds is in force in the current edition of the Code, and nothing recorded condemns it.
If at the time the vote cast at the election is canvassed a two-thirds majority of the votes cast upon the proposition favors the destruction of the unsold general obligation bonds, the president, in the presence of a majority of the members of the board, shall destroy the bonds.