Statute · California Water Code

Cal. Water Code § 74852 — Issuance and Terms

Cal. Water Code § 74852

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

The board shall, by a resolution adopted by a majority of its members, prescribe the form of the bonds and of the coupons attached thereto and fix the time when the whole or any part of the principal shall become due and payable. The payment of the first installment may be deferred for a period…

Citator

Cal. Water Code § 74852 — Issuance and Terms is in force in the current edition of the Code, and nothing recorded condemns it.

The board shall, by a resolution adopted by a majority of its members, prescribe the form of the bonds and of the coupons attached thereto and fix the time when the whole or any part of the principal shall become due and payable. The payment of the first installment may be deferred for a period not longer than five years from the date of the bond.