ARTICLE 1. In General
Article 1 added by Stats. 1943, Ch. 369.
§§ 9395–9405 · 11 sections
- § 9395 If a majority of the votes cast at the bond election are in favor of the issuance of bonds, the board shall cause bonds of the drainage district, in the amount…
- § 9396 The bonds shall be of the denomination of not less than one hundred dollars ($100) nor more than one thousand dollars ($1,000) each.
- § 9397 The bonds shall be signed by the president of the board, attested by its secretary with the seal of the board affixed thereto, numbered consecutively in the…
- § 9398 The bonds shall bear interest at a rate to be fixed by the order of the board for issuance of the bonds not to exceed 6 per cent per annum payable semiannually…
- § 9399 Coupons for each installment of interest shall be attached to the bonds and shall bear the facsimile signature of the Controller.
- § 9400 Whenever any of the bonds are sold or delivered by the State Treasurer either to a purchaser thereof or upon an order from the board payable in such bonds, the…
- § 9401 The State Treasurer shall certify and deliver to the board or its secretary a list of bonds sold or delivered, showing the serial numbers, denominations, date…
- § 9402 The State Treasurer shall certify and deliver to the board or its secretary, whenever requested, a statement of all bonds and coupons for interest thereon paid…
- § 9403 The bonds of the drainage district issued pursuant to this part which are investigated and approved by any commission or officer authorized by any law of this…
- § 9404 If within one year from the time bonds are authorized to be issued as provided in this part, the bonds are not sold or disposed of, the board may at its…
- § 9405 The board may thereafter call for the payment of the assessment in such installments from time to time as it shall determine and as provided in Part 4 of this…