California Water Code 11752 – Successive issues of bonds shall have equal preference with respect …
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Successive issues of bonds shall have equal preference with respect to the redemption thereof and the payment of interest thereon, but the department may fix different maturity dates serially or otherwise for successive issues.
(Amended by Stats. 1957, Ch. 1932.)
Terms Used In California Water Code 11752
- bonds: means revenue bonds, notes, refunding bonds, refunding notes, bond anticipation notes, certificates of indebtedness, and other evidences of indebtedness payable from the sources provided in this chapter. See California Water Code 11700