Cal. Wat. Code § 11831

Current through the 2023 Legislative Session.
Section 11831 - Application of surplus money in revenue fund to retirement of bonds

Any proceedings authorizing the issuance of bonds and providing for the setting up of a reserve fund may also require the immediate application of all surplus money in the revenue fund to the retirement of such bonds prior to maturity, by call or purchase, in such manner and upon such terms and the payment of such premiums as may be deemed advisable in the judgment of the department.

Ca. Water Code § 11831

Amended by Stats. 1957, Ch. 1932.