DIVISION 11. IRRIGATION DISTRICTS 20500-29978›PART 8. FINANCIAL ORGANIZATION 24250-24771›CHAPTER 5. Provisions Applicable to Bonds and Warrants 24735-24771›ARTICLE 2. Modification of Bonds and Warrants 24760-24771

§ 24769

California Water Code · 2018-11 edition · updated 2026-10-04 · California

If the agreement or plan provides for a reduction in the rate of interest on the bonds or warrants before the original time or times of their maturity, new coupons shall be attached to the bonds or warrants to evidence the reduced interest. Any old coupons evidencing the interest originally provided shall be detached by the secretary from the bonds or warrants and canceled.

(Added by Stats. 1943, Ch. 372.)

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California Water Code

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