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Earlier editions: 2020-112018-112026-09

DIVISION 15. RECLAMATION DISTRICTS 50000-53901›PART 8. BONDS AND REFUNDING BONDS 52100-52862›CHAPTER 2. Bonds 52200-52302›ARTICLE 3. Additional Series 52240-52241

§ 52240

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

When any district, having authorized the issuance of a series of bonds, issues an additional series based on another assessment, the dates of maturity of the additional series shall be such that the latest maturities thereof do not exceed 30 years, and the earliest maturity shall be later than the latest maturity of bonds of any earlier series.

(Added by Stats. 1951, Ch. 336.)

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