Cal. Wat. Code § 55586

Current through the 2023 Legislative Session.

Section 55586 - Majority of votes cast in favor of issuance of refunding bonds

If at the election a majority of the votes cast are in favor of the issuance of the refunding bonds, the board shall be authorized to issue refunding bonds of the district not exceeding the maximum amount set forth in the resolution, payable out of the funds of the district to be provided as prescribed in Section 55591.

Ca. Water Code § 55586

Added by Stats. 1953, Ch. 155.