2018 California Code
Water Code - WAT
DIVISION 11 - IRRIGATION DISTRICTS
PART 9 - BONDS
CHAPTER 2 - Refunding Bonds
ARTICLE 4 - Unauthorized Refunding Modification
Section 25118.

Universal Citation: CA Water Code § 25118 (2018)
25118.  

All refunding bonds the terms of which have been modified shall continue to be binding outstanding bonds of the district and negotiable instruments irrespective of any indorsement of the terms of the modification or of the extension of the time of payment and shall be payable in accordance with their terms and the provisions of the modification.

(Added by Stats. 1943, Ch. 372.)

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