Statute · California Water Code
Cal. Water Code § 44055 — Transfer or Deposit of Bonds
Cal. Water Code § 44055
- Type
- Statute
- Source
- California Water Code
- Jurisdiction
- California
- Current through
- Nov 2, 2026 (California Legislative Counsel)
In case any contract is made with the United States, bonds of the district may be transferred to or deposited with the United States if so provided by the contract, at not less than their par value, to the amount, or any part thereof, to be paid by the district to the United States. The interest…
Citator
Cal. Water Code § 44055 — Transfer or Deposit of Bonds is in force in the current edition of the Code, and nothing recorded condemns it.
In case any contract is made with the United States, bonds of the district may be transferred to or deposited with the United States if so provided by the contract, at not less than their par value, to the amount, or any part thereof, to be paid by the district to the United States. The interest or principal, or both, of the bonds may be regularly paid to the United States and applied as provided in the contract.