Public Utilities Code section 98332


Pending the actual issuance or delivery of bonds, a district may issue temporary or interim bonds, certificates, or receipts, of any denomination whatsoever, with or without coupon, and in such form as may be prescribed by the board, to be exchanged for definite bonds when ready for delivery.

Source: Section 98332, https://leginfo.­legislature.­ca.­gov/faces/codes_displaySection.­xhtml?lawCode=PUC§ionNum=98332.­ (updated Jan. 1, 1967; accessed Jul. 28, 2025).

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Verified:
Jul. 28, 2025

§ 98332's source at ca​.gov