Statutes, codes, and regulations
CALIFORNIA CODES
CALIFORNIA WATER CODEDivision 15 - RECLAMATION DISTRICTSPart 8 - BONDS AND REFUNDING BONDS
Chapter 5 - CREATION OF RESERVE FUND PURSUANT TO AGREEMENT WITH THE UNITED STATES
Section 52856 - No call until 50 percent or more of refunding bonds accepted

Cal. Wat. Code § 52856

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Current through the 2023 Legislative Session.
Section 52856 - No call until 50 percent or more of refunding bonds accepted

No call for the purpose of creating a reserve fund shall be made until the United States, or department or agency thereof, has accepted 50 percent or more of the refunding bonds proposed to be issued under the plan.

Ca. Water Code § 52856

Added by Stats. 1951, Ch. 336.