§ 24507
51 words·~1 min read·
/ca/water-code/24507A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
Bonds so purchased may be canceled or held as a part of the district assets until the board determines that it is for the best interests of the district that the bonds or any of them be sold. Bonds not resold prior to the date of their maturity shall be canceled.