California Water Code 24507 – Bonds so purchased may be canceled or held as a part of the district …
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Bonds so purchased may be canceled or held as a part of the district assets until the board determines that it is for the best interests of the district that the bonds or any of them be sold. Bonds not resold prior to the date of their maturity shall be canceled.
(Added by Stats. 1943, Ch. 372.)
Terms Used In California Water Code 24507
- Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.