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California Code, Water Code - WAT § 55581

Current as of January 01, 2025 | Updated by Findlaw Staff

The board shall by resolution determine the amount of the outstanding bonds to be refunded, fix the maximum amount of refunding bonds to be issued, the maximum rate of interest to be paid (which shall not exceed the rate of interest on the bonds to be refunded), and the number of years, not exceeding 30, that the refunding bonds or any part thereof are to run.

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Cite this article: FindLaw.com - California Code, Water Code - WAT § 55581 - last updated January 01, 2025 | https://codes.findlaw.com/ca/water-code/wat-sect-55581/

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