California Legal Codes and Statutes

§ 55581

Added by Stats. 1953, Ch. 155.

The board shall by resolution determine the amount of the outstanding bonds to be refunded, fix the maximum amount of refunding bonds to be issued, the maximum rate of interest to be paid (which shall not exceed the rate of interest on the bonds to be refunded), and the number of years, not exceeding 30, that the refunding bonds or any part thereof are to run.

Cite this section

Cal. Wat. Code § 55581 (2026)
https://ca.codecond.com/codes/wat/division-16-county-waterworks-districts/part-4-financial-provisions/chapter-2-bonds/article-3-refunding-bonds/section-55581

Other sections in Article 3 - Refunding Bonds

§ 55580§ 55581§ 55582§ 55583§ 55584§ 55585§ 55586§ 55587§ 55588§ 55589§ 55590§ 55591

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