ARTICLE 3. Calling of Bond Election [75030. - 75032.]

Cal. Water Code - WAT 3.
in effect

Cal. Water Code - WAT § 75030. Section 75030.

If the board makes the final order approving the formation petition, it may, by resolution adopted by a majority of its members, call an election for the purpose of authorizing the incurring of a bonded indebtedness by the improvement district.

Cal. Water Code - WAT § 75031. Section 75031.

The resolution shall specify all of the following: (a) The purpose for which bonds are proposed to be issued. (b) The maximum rate of interest the bonds shall bear. (c) The number of years, not exceeding 25, the whole or any part of the bonds are to run until maturity.

Cal. Water Code - WAT § 75032. Section 75032.

The resolution shall further provide for submitting the question of the incurring of the indebtedness to the qualified electors of the improvement district at an election called for that purpose.
Source: CA Legislative Counsel Bulk DataURL: https://downloads.leginfo.legislature.ca.gov/pubinfo_2025.zipFetched: 6/27/2026

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