Earlier editions: 2020-112018-11
DIVISION 13. CALIFORNIA WATER DISTRICTS 34000-38501›PART 6. FINANCIAL PROVISIONS 35900-36458.1›CHAPTER 3. Provisions Relating to General Obligation Bonds Only 36150-36215›ARTICLE 4. Destruction and Redemption of Bonds 36210-36215
§ 36212
California Water Code · 2026-10 edition · updated 2026-10-04 · California
If at the time the vote cast at the election is canvassed a two-thirds majority of the votes cast upon the proposition favors the destruction of the unsold general obligation bonds, the president, in the presence of a majority of the members of the board, shall destroy the bonds.
(Amended by Stats. 1955, Ch. 1329.)
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