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2020 California Code
Water Code - WAT
DIVISION 11 - IRRIGATION DISTRICTS
PART 9 - BONDS
CHAPTER 2 - Refunding Bonds
ARTICLE 2 - Refunding Bond Sinking Fund
Section 25060.
Universal Citation: CA Water Code § 25060 (2020)
25060.
If any issue of refunding bonds are made to mature at one time, the board prior to or at the time of their issuance shall provide for the creation of and payments into a sinking fund for the payment of the bonds in amounts determined by the board.
(Amended by Stats. 1991, Ch. 1226, Sec. 51.)
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