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

§ 55586

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

If at the election a majority of the votes cast are in favor of the issuance of the refunding bonds, the board shall be authorized to issue refunding bonds of the district not exceeding the maximum amount set forth in the resolution, payable out of the funds of the district to be provided as prescribed in Section 55591.

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

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California Water Code

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