SECTIONS 52260-52262 - California Statutes

WATER CODE

SECTION 52260-52262

52260. Any district which has issued bonds of different
denominations, may, by order entered in its minutes, upon request of
holders thereof, and upon the deposit of the outstanding bonds with
the board, issue to the holders of the deposited bonds, bonds in the
same form but in different denominations having the same aggregate
face value and maturity.

52261. Exchange bonds shall be executed by all persons required by
law to execute the bonds for which the exchange is made.

52262. Bonds deposited for exchange shall be canceled by the county
treasurer and the board.