§ 75031
50 words·~1 min read·
/ca/water-code/75031A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
The resolution shall specify all of the following:
(a)The purpose for which bonds are proposed to be issued.
(b)The maximum rate of interest the bonds shall bear.
(c)The number of years, not exceeding 25, the whole or any part of the bonds are to run until maturity.