Cal. WAT § 25350
This is the official text of Cal. WAT § 25350, part of California’s Water Code — governs water rights and water resource management.
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Official statutory text
Whenever the whole or any portion of any issue of bonds of any district remains unissued for more than one year after the date of the election at which the bonds were authorized, the board, by a resolution adopted by a two-thirds vote of the membership of the board, may cancel all or any of those bonds and all coupons appurtenant to them.
Status: in_force · Read it on the official government site
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