California Law (Last Updated: March 4, 2014) |
Water Code - WAT |
Division 20. MUNICIPAL WATER DISTRICTS |
Part 7. BONDS |
Chapter 6. Issuance and Sale of Bonds |
ARTICLE 1. Issuance and Terms |
Section 71951.
Latest version.
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The full amount of the authorized bonds may be divided into two or more series and different dates fixed for the bonds of each series. The maximum term which the bonds of any series shall run before maturity shall not exceed 40 years from the date of the series.
(Added by Stats. 1963, Ch. 156.)