{"code":"WAT","codeName":"Water Code","section":"36196","citation":"Wat. Code, § 36196","status":"in-force","lawOn":"2026-09-28","headings":[{"name":"DIVISION 13. CALIFORNIA WATER DISTRICTS [34000. - 38501.]","url":"https://blackletter.si/water-code/division-13"},{"name":"PART 6. FINANCIAL PROVISIONS [35900. - 36458.1.]","url":"https://blackletter.si/water-code/division-13/part-6"},{"name":"CHAPTER 3. Provisions Relating to General Obligation Bonds Only [36150. - 36215.]","url":"https://blackletter.si/water-code/division-13/part-6/chapter-3"},{"name":"ARTICLE 3. Miscellaneous Provisions [36190. - 36202.]","url":"https://blackletter.si/water-code/division-13/part-6/chapter-3/article-3"}],"history":"Added by Stats. 1951, Ch. 1756.","effective":null,"html":"<p>Each general obligation bond shall be made payable at a given time for its full face value and not for a percentage thereof.</p>","text":"Each general obligation bond shall be made payable at a given time for its full face value and not for a percentage thereof.","otherVersions":[],"url":"https://blackletter.si/water-code/miscellaneous-provisions-36196","source":"California Legislative Information bulk export (pubinfo)"}