{"code":"WAT","codeName":"Water Code","section":"45408","citation":"Wat. Code, § 45408","status":"in-force","lawOn":"2026-09-28","headings":[{"name":"DIVISION 14. CALIFORNIA WATER STORAGE DISTRICT LAW [39000. - 48401.]","url":"https://blackletter.si/water-code/division-14"},{"name":"PART 8. BONDS [45100. - 45932.]","url":"https://blackletter.si/water-code/division-14/part-8"},{"name":"CHAPTER 3. Bond Issuance [45400. - 45408.]","url":"https://blackletter.si/water-code/division-14/part-8/chapter-3"}],"history":"Added by Stats. 1967, Ch. 829.","effective":null,"html":"<p>The bonds of any series of an authorized issue shall be equally and ratably secured with the bonds of any other series of such authorized issue.</p>","text":"The bonds of any series of an authorized issue shall be equally and ratably secured with the bonds of any other series of such authorized issue.","otherVersions":[],"url":"https://blackletter.si/water-code/bond-issuance-45408","source":"California Legislative Information bulk export (pubinfo)"}