§ 36212
49 words·~1 min read·
/ca/water-code/36212A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
If at the time the vote cast at the election is canvassed a two-thirds majority of the votes cast upon the proposition favors the destruction of the unsold general obligation bonds, the president, in the presence of a majority of the members of the board, shall destroy the bonds.