California Water Code

§ 71960

WAT § 71960Div. 20 · Part 7 · Ch. 6 · Art. 1

Statute text

The board may, without a vote of the electors, provide for the issuance of, and issue, general obligation bonds of the district or for an improvement district thereof if:

(a)The principal amount of such bonds do not exceed the then unissued balance of the principal amount of bonds authorized at an election held in the district, or in such improvement district, prior to May 9, 1967;

(b)The bonds are issued for the same purpose as that for which said unissued bonds were authorized; and

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Legislative history

Amended by Stats. 1975, Ch. 130.