California § 52206. 52206. (Added by Stats. 1951, Ch. 336.)

California Statutes

§ 52206. — 52206. (Added by Stats. 1951, Ch. 336.)

California § 52206.

JurisdictionCalifornia

Code WATWater Code - WAT

Div. 15.DIVISION 15. RECLAMATION DISTRICTS

Part 8.PART 8. BONDS AND REFUNDING BONDS

Ch. 2.CHAPTER 2. Bonds

Art. 1.ARTICLE 1. Issuance

This text of California § 52206. (52206. (Added by Stats. 1951, Ch. 336.)) is published on Counsel Stack Legal Research, covering California primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

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Cal. Water Code - WAT Code § 52206. (2026).

Text

The bonds shall be payable serially within 20 years from their date, as follows:

(a)Not less than 10 percent of the aggregate face value of bonds issued shall be payable within 10 years from their date.

(b)Not less than 10 percent of the aggregate face value of bonds remaining unpaid at the end of 10 years shall be payable each year beginning with the eleventh (11th) year from their date, until the whole amount of the bonds is paid.

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The bonds shall be payable serially within 20 years from their date, as follows:
(a)
Not less than 10 percent of the aggregate face value of bonds issued shall be payable within 10 years from their date.
(b)
Not less than 10 percent of the aggregate face value of bonds remaining unpaid at the end of 10 years shall be payable each year beginning with the eleventh (11th) year from their date, until the whole amount of the bonds is paid.

Legislative History

Added by Stats. 1951, Ch. 336.

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California § 52206., Counsel Stack Legal Research, https://law.counselstack.com/statute/ca/WAT/52206..