{"code":"WAT","codeName":"Water Code","section":"55530","citation":"Wat. Code, § 55530","status":"in-force","lawOn":"2026-09-28","headings":[{"name":"DIVISION 16. COUNTY WATERWORKS DISTRICTS [55000. - 55991.]","url":"https://blackletter.si/water-code/division-16"},{"name":"PART 4. FINANCIAL PROVISIONS [55500. - 55720.]","url":"https://blackletter.si/water-code/division-16/part-4"},{"name":"CHAPTER 2. Bonds [55520. - 55679.]","url":"https://blackletter.si/water-code/division-16/part-4/chapter-2"},{"name":"ARTICLE 1. Issuance and Sale [55520. - 55534.]","url":"https://blackletter.si/water-code/division-16/part-4/chapter-2/article-1"}],"history":"Added by Stats. 1959, Ch. 1567.","effective":null,"html":"<p>Notwithstanding any other provision of the law, the board may determine that the public economy so requires, and order that less than one-fortieth of the whole amount of the indebtedness, or a series thereof, shall be payable annually.</p>","text":"Notwithstanding any other provision of the law, the board may determine that the public economy so requires, and order that less than one-fortieth of the whole amount of the indebtedness, or a series thereof, shall be payable annually.","otherVersions":[],"url":"https://blackletter.si/water-code/issuance-and-sale-55530","source":"California Legislative Information bulk export (pubinfo)"}