§ 25408
67 words·~1 min read·
/ca/streets-and-highways-code/25408A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
The revenue bonds shall be issued and sold by the board of directors at such times and manner and in such amounts as may be required to meet the demands of the district as may be determined by the board of directors or they may be delivered to any contractor performing any work for the district, at par, in satisfaction of any sum due upon his contract.