GroundRules
WAT § 24769
Where this section sits in the code
- Water Code - WAT
- DIVISION 11. IRRIGATION DISTRICTS [20500. - 29978.]
- PART 8. FINANCIAL ORGANIZATION [24250. - 24771.]
- CHAPTER 5. Provisions Applicable to Bonds and Warrants [24735. - 24771.]
- ARTICLE 2. Modification of Bonds and Warrants [24760. - 24771.]
If the agreement or plan provides for a reduction in the rate of interest on the bonds or warrants before the original time or times of their maturity, new coupons shall be attached to the bonds or warrants to evidence the reduced interest. Any old coupons evidencing the interest originally provided shall be detached by the secretary from the bonds or warrants and canceled.
Collected 2026-09-14T05:56:33Z. Source file · JSON