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DIVISION 11. IRRIGATION DISTRICTS 20500-29978›PART 9. BONDS 24950-25402›CHAPTER 3. General Bond Provisions 25200-25354›ARTICLE 7. Bond Cancellation 25350-25354

§ 25350

California Water Code · 2026-09 edition · updated 2026-10-03 · California

Whenever the whole or any portion of any issue of bonds of any district remains unissued for more than one year after the date of the election at which the bonds were authorized, the board, by a resolution adopted by a two-thirds vote of the membership of the board, may cancel all or any of those bonds and all coupons appurtenant to them.

(Added by Stats. 1943, Ch. 372.)

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