DIVISION 12. COUNTY WATER DISTRICTS 30000-33901›PART 6. FINANCIAL PROVISIONS 31300-31639›CHAPTER 2. Bonds 31370-31482›ARTICLE 5. Refunding 31440-31446

§ 31445

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

The face value of refunding bonds exchanged for original bonds shall not exceed the face value of the original bonds.

(Added by Stats. 1949, Ch. 274.)

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.