ARTICLE 3. Additional Series [52240. - 52241.]

Cal. Water Code - WAT 3.
in effect

Cal. Water Code - WAT § 52240. Section 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.

Cal. Water Code - WAT § 52241. Section 52241.

The provisions of this part relative to the original issue of bonds shall apply to additional series of bonds so far as applicable.
Source: CA Legislative Counsel Bulk DataURL: https://downloads.leginfo.legislature.ca.gov/pubinfo_2025.zipFetched: 6/27/2026

Starting a business in California? California LLC guide: costs and requirements