§ 9516
63 words·~1 min read·
/ca/water-code/9516A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
Refunding bonds shall be issued in such denominations as the board may determine except that no bonds shall be of a denomination of less than one hundred dollars ($100) nor of a greater denomination than one thousand dollars ($1,000), and shall be payable on the day fixed in the bonds with interest at the rate specified therein which interest shall be payable semiannually.