Statute · California Water Code

Cal. Water Code § 45556 — Bond Terms

Cal. Water Code § 45556

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

The bonds or any series thereof shall be payable within 40 years from their date, and not less than 10 percent of the aggregate face value of the bonds or any series thereof issued shall be payable within 15 years from their date.

Citator

Cal. Water Code § 45556 — Bond Terms is in force in the current edition of the Code, and nothing recorded condemns it.

The bonds or any series thereof shall be payable within 40 years from their date, and not less than 10 percent of the aggregate face value of the bonds or any series thereof issued shall be payable within 15 years from their date.