Wat. Code, § 31445 · Article 5. Refunding

Wat. Code, § 31445

Verbatim from the official edition

Text — As published in the Legislative Counsel's database, tables dated October 18, 2026 (pubinfo_2025.zip)

The face value of refunding bonds exchanged for original bonds shall not exceed the face value of the original bonds.

Notes and commentary — not statutory text

History

Added by Stats. 1949, Ch. 274.

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&sectionNum=31445.
Text hash: sha256 037bf6e1b202bc1a0787551bc432b1ff1325606935457bf5be739472239cd357
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.