Cal. Wat. Code § 25301

Current through the 2023 Legislative Session.

Section 25301 - Redemption of callable bonds

Callable bonds may be redeemed in addition to other methods permitted in the following manner:

(a) In numerical order or by lot as prescribed in the resolution.

(b) On any interest payment date prior to their fixed maturity.

(c) At not exceeding their par value and accrued interest or on the terms provided in the resolution.

Ca. Water Code § 25301

Amended by Stats. 1943, Ch. 1054.