California Statutes
§ 55589. — 55589. (Added by Stats. 1953, Ch. 155.)
California § 55589.
JurisdictionCalifornia
Code WATWater Code - WAT
Div. 16.DIVISION 16. COUNTY WATERWORKS DISTRICTS
Part 4.PART 4. FINANCIAL PROVISIONS
Ch. 2.CHAPTER 2. Bonds
Art. 3.ARTICLE 3. Refunding Bonds
This text of California § 55589. (55589. (Added by Stats. 1953, Ch. 155.)) 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.
Bluebook
Cal. Water Code - WAT Code § 55589. (2026).
Text
In lieu of the exchange for outstanding bonds, the refunding bonds may be sold by the board for cash at not less than par and accrued interest, and the proceeds used for the purchase or retirement of the outstanding bonds upon terms agreed upon by the board and the holders of the bonds, but not to exceed par and accrued interest.
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Legislative History
Added by Stats. 1953, Ch. 155.
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California § 55589., Counsel Stack Legal Research, https://law.counselstack.com/statute/ca/WAT/55589..