Water Code section 52240

When any district, having authorized the issuance of a series of bonds, issues an additional series based on another assessment, the dates of maturity of the additional series shall be such that the latest maturities thereof do not exceed 30 years, and the earliest maturity shall be later than the latest maturity of bonds of any earlier series.

Source: Section 52240, https://leginfo.legislature.ca.gov/faces/codes_displaySection.xhtml?lawCode=WAT§ionNum=52240. (updated Jan. 1, 1951; accessed Jun. 30, 2025).

52240
52241

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§ 52240's source at ca.gov

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Location: https://california.public.law/codes/water_code_section_52240

Original Source: Section 52240, https://leginfo.legislature.ca.gov/faces/codes_displaySection.xhtml?lawCode=WAT§ionNum=52240. (last accessed May 12, 2025).