SECTIONS 52240-52241 - California Statutes

WATER CODE

SECTION 52240-52241

52240. When any district, having authorized the issuance of a
series of bonds, issues an additional series based on another
assessment, the dates of maturity of the additional series shall be
such that the latest maturities thereof do not exceed 30 years, and
the earliest maturity shall be later than the latest maturity of
bonds of any earlier series.

52241. The provisions of this part relative to the original issue
of bonds shall apply to additional series of bonds so far as
applicable.