Wat. Code, § 74802 · Article 2. Initiation of Proceedings
Wat. Code, § 74802
Verbatim from the official edition
Text — As published in the Legislative Counsel's database, tables dated October 18, 2026 (pubinfo_2025.zip)
The resolution shall specify all of the following:
(a) The purpose for which the indebtedness is to be incurred.
(b) The amount of bonds proposed to be issued.
(c) The maximum rate of interest the bonds shall bear.
(d) The number of years, not exceeding 40, the whole or any part of the bonds are to run until maturity.
Notes and commentary — not statutory text
History
Added by Stats. 1965, Ch. 75.
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=74802.
- Text hash
- sha256 af2efa3c870ea0e26c3c53b5d099c077ad0117da7f71974706bda666e3c087e2
- 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.