BlackletterCalifornia law

Water Code § 44056

ARTICLE 3. Transfer or Deposit of Bonds

Current as of September 28, 2026Wat. Code, § 44056Official source ↗

Added by Stats. 1951, Ch. 391.

The bonds may:

(a) Call for the payment of interest not exceeding 6 percent per year.

(b) Be of the denomination specified in the contract.

(c) Call for the repayment of the principal at such times as specified in the contract.