Water Code - WAT
DIVISION 15. RECLAMATION DISTRICTS [50000 - 53901]
( Division 15 added by Stats. 1951, Ch. 336. ) PART 8. BONDS AND REFUNDING BONDS [52100 - 52862]
( Part 8 added by Stats. 1951, Ch. 336. ) CHAPTER 4. Alternate Method for Refunding Bonds [52700 - 52760]
( Chapter 4 added by Stats. 1951, Ch. 336. ) ARTICLE 3. Redemption [52750 - 52760]
( Article 3 added by Stats. 1951, Ch. 336. ) 52757.
The board may, by resolution adopted prior to the time of issuing any refunding bonds, provide for the call and redemption thereof, in numerical order, or by lot, as prescribed in the resolution, on any interest payment date prior to their fixed maturity, at not exceeding the par value thereof and accrued interest, in which event a statement to that effect shall appear on the face of the refunding bond.
(Added by Stats. 1951, Ch. 336.)