Code Section

Water Code - WAT

DIVISION 12. COUNTY WATER DISTRICTS [30000 - 33901]

  ( Division 12 added by Stats. 1949, Ch. 274. )
  

PART 6. FINANCIAL PROVISIONS [31300 - 31639]

  ( Part 6 added by Stats. 1949, Ch. 274. )
  

CHAPTER 2. Bonds [31370 - 31482]

  ( Chapter 2 added by Stats. 1949, Ch. 274. )
  

ARTICLE 5. Refunding [31440 - 31446]
  ( Article 5 added by Stats. 1949, Ch. 274. )

  
31445.  

The face value of refunding bonds exchanged for original bonds shall not exceed the face value of the original bonds.

(Added by Stats. 1949, Ch. 274.)