BlackletterCalifornia law

Water Code § 45556

CHAPTER 4. Bond Terms

Current as of September 28, 2026Wat. Code, § 45556Official source ↗

Amended by Stats. 1967, Ch. 829.

The bonds or any series thereof shall be payable within 40 years from their date, and not less than 10 percent of the aggregate face value of the bonds or any series thereof issued shall be payable within 15 years from their date.