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 2. Sale of Bonds and Use of Proceeds 71970-71975
§ 71973
California Water Code · 2026-10 edition · updated 2026-10-04 · California
Interest on any bonds issued by the district coming due before the proceeds of a tax levied at the next general tax levy after the sale of the bonds are available, and interest on any bonds issued by the district coming due before the expiration of one year following completion of the acquisition and construction of the works and improvements for which the bonds were issued may be paid from the proceeds of the sale of the bonds.
(Amended by Stats. 1967, Ch. 105.)
Get a plain-English answer with a citation back to this text.
Ask AI about this code