Water Code section 74802

The resolution shall specify all of the following:

(a)

The purpose for which the indebtedness is to be incurred.

(b)

The amount of bonds proposed to be issued.

(c)

The maximum rate of interest the bonds shall bear.

(d)

The number of years, not exceeding 40, the whole or any part of the bonds are to run until maturity.

Source: Section 74802, https://leginfo.legislature.ca.gov/faces/codes_displaySection.xhtml?lawCode=WAT§ionNum=74802. (accessed Apr. 24, 2025).

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Last Updated

Apr. 24, 2025

§ 74802’s source at ca.gov

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Location: https://california.public.law/codes/water_code_section_74802

Original Source: Section 74802, https://leginfo.legislature.ca.gov/faces/codes_displaySection.xhtml?lawCode=WAT§ionNum=74802. (last accessed Apr. 24, 2025).