Code Section Group

Water Code - WAT

DIVISION 13. CALIFORNIA WATER DISTRICTS [34000 - 38501]

  ( Division 13 added by Stats. 1951, Ch. 390. )

PART 6. FINANCIAL PROVISIONS [35900 - 36458.1]

  ( Part 6 added by Stats. 1951, Ch. 390. )

CHAPTER 3. Provisions Relating to General Obligation Bonds Only [36150 - 36215]

  ( Chapter 3 added by Stats. 1951, Ch. 390. )

ARTICLE 2. Sale and Exchange of Bonds [36170 - 36172]
  ( Article 2 added by Stats. 1951, Ch. 390. )

36170.
  

The board may order general obligation bonds sold at not less than 90 percent of par value when the board deems it for the best interest of the district to do so.

(Added by Stats. 1951, Ch. 390.)

36171.
  

General obligation bonds may be exchanged dollar for dollar for bonds of the State.

(Added by Stats. 1951, Ch. 390.)

36172.
  

Bonds of the State that may be received for general obligation bonds shall be placed to the credit of the district to be sold as the board may direct, for not less than par value.

(Added by Stats. 1951, Ch. 390.)

WATWater Code - WAT2