§ 52551
64 words·~1 min read·
/ca/water-code/52551A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
The board, having adopted a resolution of sale, may declare by resolution, on or before the February 1st or the August 1st prior to the date of maturity of the outstanding bonds next maturing and to be refunded, either in whole or in part, that any portion of the refunding bonds available for the refunding of the outstanding bonds next maturing shall be sold.