Water Code § 9516

ARTICLE 9. Refunding Bonds

Current as of September 28, 2026Wat. Code, § 9516Official source ↗

Added by Stats. 1943, Ch. 369.

Refunding bonds shall be issued in such denominations as the board may determine except that no bonds shall be of a denomination of less than one hundred dollars ($100) nor of a greater denomination than one thousand dollars ($1,000), and shall be payable on the day fixed in the bonds with interest at the rate specified therein which interest shall be payable semiannually.