California Law (Last Updated: March 4, 2014) |
Water Code - WAT |
Division 15. RECLAMATION DISTRICTS |
Part 8. BONDS AND REFUNDING BONDS |
Chapter 1. General Provisions |
ARTICLE 4. Callable Bonds |
Section 52178.
Latest version.
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The notice of the call of bonds shall contain a reference to the order of the board calling the bonds and a notification to all holders of bonds so called to present the bonds for payment on the date specified in the notice. The notice of call shall further state that whenever, on or after the call date specified in the notice, funds are received by the county treasurer for payment of the bonds, coupons and premium, all interest thereon shall cease.
(Amended by Stats. 1971, Ch. 310.)