§ 55531
77 words·~1 min read·
/ca/water-code/55531A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
District or zone bonds may be made payable on July 1st subsequent to the time fixed for the collection of the second installment of general district taxes with which the first levy of taxes for the payment of the principal or interest of the bonds is to be collected. In such event, the first interest coupons shall be for interest from the date of the bonds of such issue or series to January 1st next prior thereto.