§ 74852
66 words·~1 min read·
/ca/water-code/74852A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
The board shall, by a resolution adopted by a majority of its members, prescribe the form of the bonds and of the coupons attached thereto and fix the time when the whole or any part of the principal shall become due and payable. The payment of the first installment may be deferred for a period not longer than five years from the date of the bond.