DIVISION 21. WATER CONSERVATION DISTRICTS 74000-76501›PART 6. FINANCIAL PROVISIONS 74750-74977›CHAPTER 3. Bonds 74790-74872›ARTICLE 5. Issuance and Terms 74850-74857
§ 74852
California Water Code · 2020-11 edition · updated 2026-10-04 · California
The board shall, by a resolution adopted by a majority of its members, prescribe the form of the bonds and of the coupons attached thereto and fix the time when the whole or any part of the principal shall become due and payable. The payment of the first installment may be deferred for a period not longer than five years from the date of the bond.
(Added by Stats. 1965, Ch. 75.)
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