DIVISION 16. COUNTY WATERWORKS DISTRICTS 55000-55991›PART 4. FINANCIAL PROVISIONS 55500-55720›CHAPTER 2. Bonds 55520-55679›ARTICLE 1. Issuance and Sale 55520-55534

§ 55530

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

Notwithstanding any other provision of the law, the board may determine that the public economy so requires, and order that less than one-fortieth of the whole amount of the indebtedness, or a series thereof, shall be payable annually.

(Added by Stats. 1959, Ch. 1567.)

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.