§ 25066
56 words·~1 min read·
/ca/water-code/25066A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
If no bids are received or if the bids received and accepted are not sufficient to exhaust the money on hand and available for the purpose, the district through its board may purchase at private sale with any available money in the sinking fund any bonds for the payment of which the sinking fund was created.