WAT § 52711
Where this section sits in the code
- Water Code - WAT
- DIVISION 15. RECLAMATION DISTRICTS [50000. - 53901.]
- PART 8. BONDS AND REFUNDING BONDS [52100. - 52862.]
- CHAPTER 4. Alternate Method for Refunding Bonds [52700. - 52760.]
- ARTICLE 1. Issuance and Forms [52700. - 52714.]
The maturity of the refunding bonds issued pursuant to this chapter and the rate of interest thereon shall be fixed by the board, but in no case shall the maturity of any of the refunding bonds exceed 50 years nor the rate of interest exceed 8 percent per year, payable semiannually.
Collected 2026-09-14T05:56:33Z. Source file · JSON