DIVISION 11. IRRIGATION DISTRICTS 20500-29978›PART 9. BONDS 24950-25402›CHAPTER 3. General Bond Provisions 25200-25354›ARTICLE 6. Bond Issuance 25325-25336

§ 25334

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

A district may exchange its construction bonds for any property or interest in property which the district might acquire with the proceeds of the bonds, if sold, or for the capital stock of any corporation owning the property, upon terms the board deems best.

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

Get a plain-English answer with a citation back to this text.

Ask AI about this code

Export this section

▸Contents — California Water Code

California Water Code

GoCodebook provides public access, search, citation, multilingual explanation, and practical interpretation of legally adopted building regulations. It is not a substitute for the official ICC or California code publications.