California Water Code 24481 – Federal and State bonds so purchased with the sinking fund money …
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Federal and State bonds so purchased with the sinking fund money together with the income from them shall be held as part of the sinking fund until the board determines that it is for the best interests of the district that the bonds or any of them be sold.
(Added by Stats. 1943, Ch. 372.)
Terms Used In California Water Code 24481
- State: means the State of California, unless applied to the different parts of the United States. See California Water Code 18