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DIVISION 5. FLOOD CONTROL 8000-9651›PART 5. RECLAMATION BOARD BOND ACT 9250-9577›CHAPTER 6. Bonds 9395-9527›ARTICLE 5. Payment of Principal, Interest and Redemption 9455-9461

§ 9456

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

Not less than 10 per cent of the aggregate face value of the bonds shall be payable within 10 years from their date, and not less than 9 per cent of the aggregate face value of the bonds issued shall be payable each year beginning with the eleventh year from their date until the whole amount of the bonds has been paid.

(Added by Stats. 1943, Ch. 369.)

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California Water Code

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