§ 25334
44 words·~1 min read·
/ca/water-code/25334A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
A district may exchange its construction bonds for any property or interest in property which the district might acquire with the proceeds of the bonds, if sold, or for the capital stock of any corporation owning the property, upon terms the board deems best.