Code Section Group

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 2. Bonds [52200 - 52302]

  ( Chapter 2 added by Stats. 1951, Ch. 336. )

ARTICLE 3. Additional Series [52240 - 52241]
  ( Article 3 added by Stats. 1951, Ch. 336. )

52240.
  

When any district, having authorized the issuance of a series of bonds, issues an additional series based on another assessment, the dates of maturity of the additional series shall be such that the latest maturities thereof do not exceed 30 years, and the earliest maturity shall be later than the latest maturity of bonds of any earlier series.

(Added by Stats. 1951, Ch. 336.)

52241.
  

The provisions of this part relative to the original issue of bonds shall apply to additional series of bonds so far as applicable.

(Added by Stats. 1951, Ch. 336.)

WATWater Code - WAT3