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Earlier editions: 2020-112018-112026-09

DIVISION 20. MUNICIPAL WATER DISTRICTS 71000-73001›PART 7. BONDS 71852-71996›CHAPTER 6. Issuance and Sale of Bonds 71950-71975›ARTICLE 1. Issuance and Terms 71950-71960

§ 71952

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

The board shall, by resolution, 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 of principal may be deferred for a period of not more than five years from the date of the bonds or the date of the bonds of each series respectively.

(Added by Stats. 1963, Ch. 156.)

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