§ 9510
62 words·~1 min read·
/ca/water-code/9510A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
The board may, by resolution entered in its minutes, order the refunding of the whole or any part of the principal of any bond issue now or hereafter outstanding at lower rates of interest whenever in its judgment and opinion it will be for the best interests of the owners of lands assessed by the assessment to be refunded so to do.