Wat. Code, § 25301 · Article 5. Callable Bonds
Wat. Code, § 25301
Verbatim from the official edition
Text — As published in the Legislative Counsel's database, tables dated October 18, 2026 (pubinfo_2025.zip)
Callable bonds may be redeemed in addition to other methods permitted in the following manner:
(a) In numerical order or by lot as prescribed in the resolution.
(b) On any interest payment date prior to their fixed maturity.
(c) At not exceeding their par value and accrued interest or on the terms provided in the resolution.
Notes and commentary — not statutory text
History
Amended by Stats. 1943, Ch. 1054.
Source of truth
- Edition
- As published in the Legislative Counsel's database, tables dated October 18, 2026 (pubinfo_2025.zip)
- Official file
- https://leginfo.legislature.ca.gov/faces/codes_displaySection.xhtml?lawCode=WAT§ionNum=25301.
- Text hash
- sha256 c678b9e4816408e176ed99a7a27f34b43a31ae85e9e84517ed8aad1669a0575c
- Composed by
- compose_ca.py 2026-10-22: the Legislative Counsel's CAML content files read by a tokenizer (caml_readers.reader_a); an independent xml.etree reading (caml_readers.reader_b) agrees on every section
Procedural information only. Not legal advice and not a substitute for the advice of an attorney. Confirm the current text with the official publisher before relying on it.