If any or all of the principal of any bonds is made payable only from revenue, the board shall cause a brief statement of the limitations upon the payment of principal or portion thereof to be set forth in the bonds.

(Added by Stats. 1943, Ch. 372.)

Terms Used In California Water Code 25242

  • bonds: includes both construction and refunding bonds except as otherwise expressly provided. See California Water Code 25200
  • revenue: means all or any part of any source or sources of payment excluding assessments but including the proceeds of any existing or proposed contract or contracts. See California Water Code 25240
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