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2011 California Code
Water Code
DIVISION 14. CALIFORNIA WATER STORAGE DISTRICT LAW [39000 - 48401]
CHAPTER 4. Bond Terms
Section 45556


CA Water Code § 45556 (through 2012 Leg Sess) What's This?

The bonds or any series thereof shall be payable within 40 years from their date, and not less than 10 percent of the aggregate face value of the bonds or any series thereof issued shall be payable within 15 years from their date.

(Amended by Stats. 1967, Ch. 829.)

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