DIVISION 16. COUNTY WATERWORKS DISTRICTS 55000-55991›PART 4. FINANCIAL PROVISIONS 55500-55720›CHAPTER 2. Bonds 55520-55679›ARTICLE 3. Refunding Bonds 55580-55591

§ 55581

California Water Code · 2020-11 edition · updated 2026-10-04 · California

The board shall by resolution determine the amount of the outstanding bonds to be refunded, fix the maximum amount of refunding bonds to be issued, the maximum rate of interest to be paid (which shall not exceed the rate of interest on the bonds to be refunded), and the number of years, not exceeding 30, that the refunding bonds or any part thereof are to run.

(Added by Stats. 1953, Ch. 155.)

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California Water Code

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