Cal. Water Code - WAT § 24735. Section 24735.Any owner of any bonds or warrants of a district may surrender them to the district by giving the bonds or warrants to the secretary for cancellation.
Cal. Water Code - WAT § 24736. Section 24736.The board shall then order the bonds or warrants canceled.
Cal. Water Code - WAT § 24737. Section 24737.Upon the making of the order, the bonds or warrants shall cease to be an obligation of the district as of the time of their presentation to the secretary.
Cal. Water Code - WAT § 24738. Section 24738.This article does not restrict any other method of releasing obligations of a district to it.