Earlier editions: 2020-112018-112026-09
DIVISION 13. CALIFORNIA WATER DISTRICTS 34000-38501›PART 6. FINANCIAL PROVISIONS 35900-36458.1›CHAPTER 4. Provisions Relating to Revenue Bonds Only 36300-36368›ARTICLE 1. Bond Issuance 36300-36305
§ 36303
California Water Code · 2026-10 edition · updated 2026-10-04 · California
The board may, in the resolution authorizing the issuance of revenue bonds, provide that the bonds or any part thereof shall be subject to call and redemption before maturity, at the option of the district, at such price or prices as may be fixed in the resolution, not exceeding a premium of 6 percent of the par value of the revenue bonds so subject to redemption.
(Added by Stats. 1951, Ch. 1756.)
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