Cal. WAT § 24769
This is the official text of Cal. WAT § 24769, part of California’s Water Code — governs water rights and water resource management.
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Official statutory text
If the agreement or plan provides for a reduction in the rate of interest on the bonds or warrants before the original time or times of their maturity, new coupons shall be attached to the bonds or warrants to evidence the reduced interest. Any old coupons evidencing the interest originally provided shall be detached by the secretary from the bonds or warrants and canceled.
Status: in_force · Read it on the official government site
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