California Code
DIVISION 11 - IRRIGATION DISTRICTS
PART 9 - BONDS

CHAPTER 1 - Construction Bonds

Section 24950. - 24950. Construction bonds may be authorized for the purposes of...

Section 24951. - 24951. The board shall at any of the following times...

Section 24952. - 24952. The board shall cause any surveys, examinations, and drawings,...

Section 24953. - 24953. The surveys, examinations, and drawings shall be made under...

Section 24954. - 24954. The surveys, examinations, drawings, and estimate may provide that...

Section 24955. - 24955. The estimate may include a sum sufficient to pay...

Section 24955.1. - 24955.1. In the case of any district described in Section...

Section 24956. - 24956. The estimate shall include the estimated cost of inspection...

Section 24963. - 24963. The board, if it declares by resolution that the...

CHAPTER 2 - Refunding Bonds

ARTICLE 1 - General Refunding Provisions

Section 25035. - 25035. Any district may issue refunding bonds for the purpose...

Section 25035.5. - 25035.5. Notwithstanding any other provision of this division requiring any...

Section 25038. - 25038. The board shall call an election for the purpose...

Section 25039. - 25039. Notice of the election shall be given and it...

Section 25040. - 25040. Any issue of refunding bonds may in the discretion...

Section 25041. - 25041. The maturities of refunding bonds shall be fixed by...

ARTICLE 2 - Refunding Bond Sinking Fund

Section 25060. - 25060. If any issue of refunding bonds are made to...

Section 25061. - 25061. The amount of sinking fund payments may be modified...

Section 25062. - 25062. Whenever the sinking fund contains at least ten thousand...

Section 25063. - 25063. The notice shall set forth all of the following:...

Section 25064. - 25064. All proposals received in response to the notice shall...

Section 25065. - 25065. Any or all of the proposals may, in the...

Section 25066. - 25066. If no bids are received or if the bids...

Section 25067. - 25067. No proposal to sell bonds to the district pursuant...

Section 25068. - 25068. All bonds purchased from sinking fund money shall be...

ARTICLE 3 - Authorized Refunding Modification

Section 25091. - 25091. The board shall call an election for the purpose...

Section 25092. - 25092. Notice of the election shall be given and it...

ARTICLE 4 - Unauthorized Refunding Modification

Section 25110. - 25110. The provisions of this article are applicable only to...

Section 25111. - 25111. The terms of any refunding plan and of the...

Section 25112. - 25112. The approval of the modification by the district shall...

Section 25113. - 25113. Notice of the election shall be given and it...

Section 25115. - 25115. The approval of the holders of outstanding refunding bonds...

Section 25116. - 25116. If the modification is approved in the manner provided...

Section 25117. - 25117. If the modification or modified refunding plan provides for...

Section 25118. - 25118. All refunding bonds the terms of which have been...

Section 25119. - 25119. Any modification of any refunding plan adopted pursuant to...

CHAPTER 3 - General Bond Provisions

ARTICLE 1 - Bond Terms

Section 25200. - 25200. As used in this chapter “bonds” includes both construction...

Section 25201. - 25201. Subject to the provisions of this article the board...

Section 25202. - 25202. An issue of bonds means all of the bonds...

Section 25203. - 25203. Each issue of bonds shall be numbered consecutively as...

Section 25204. - 25204. The board shall fix the date of each issue...

Section 25205. - 25205. The date of any bond shall be subsequent to...

Section 25206. - 25206. The date of issue of any bond shall be...

Section 25207. - 25207. The board shall fix the denomination or denominations of...

Section 25208. - 25208. The bonds shall bear interest at a rate not...

Section 25208.1. - 25208.1. Notwithstanding the provisions of Section 25208 of the Water...

Section 25209. - 25209. The interest shall be payable on the first day...

Section 25209.1. - 25209.1. In the case of any district described in Section...

Section 25210. - 25210. The board shall designate the places at which the...

Section 25211. - 25211. The bonds shall be payable in lawful money of...

Section 25212. - 25212. Each bond shall be made payable at a given...

Section 25213. - 25213. The principal on bonds shall be payable on the...

Section 25213.1. - 25213.1. In the case of any district described in Section...

Section 25214. - 25214. In no case shall the maturity of any bond...

Section 25215. - 25215. When bonds are made callable, a statement to that...

Section 25216. - 25216. Each bond shall be signed by the president and...

Section 25217. - 25217. The seal of the district shall be impressed on...

Section 25218. - 25218. The interest coupons shall be signed by the secretary...

Section 25219. - 25219. Unless otherwise provided in the proceedings for the issuance...

ARTICLE 2 - Payment Solely from Revenue

Section 25240. - 25240. As used in this article and Article 3 of...

Section 25242. - 25242. If any or all of the principal of any...

Section 25243. - 25243. If the limitations affect the payment of the interest...

Section 25244. - 25244. If the limitations affect the payment of only a...

Section 25245. - 25245. If any board provides that the principal, interest, or...

ARTICLE 3 - Allocation of Revenue to Bond Payment

Section 25260. - 25260. Any designated revenue may by resolution of the board...

Section 25261. - 25261. The allocation may be for either or both: (a)...

Section 25262. - 25262. Until the payment or retirement of the bonds for...

Section 25263. - 25263. An allocation may be made for the exclusive benefit...

Section 25264. - 25264. Any allocation shall be irrevocable until all of the...

ARTICLE 4 - Allocation of Revenue to Reserve Fund

Section 25280. - 25280. Any sources of revenue of any district may, by...

ARTICLE 5 - Callable Bonds

Section 25300. - 25300. A district may, by resolution of its board adopted...

Section 25301. - 25301. Callable bonds may be redeemed in addition to other...

Section 25302. - 25302. Notice designating the bonds called for redemption shall be...

Section 25303. - 25303. The first publication of the redemption notice shall be...

Section 25304. - 25304. If on the date fixed for redemption the district...

ARTICLE 6 - Bond Issuance

Section 25325. - 25325. A district may sell any bonds from time to...

Section 25326. - 25326. Before any sale the board shall by resolution entered...

Section 25327. - 25327. The board shall give notice of the sale by...

Section 25328. - 25328. The notice shall state that sealed proposals will be...

Section 25329. - 25329. At the time specified the board shall open the...

Section 25330. - 25330. No proposal shall be accepted which is not accompanied...

Section 25330.1. - 25330.1. In the case of any district described in Section...

Section 25331. - 25331. The board may reject any or all bids. (Added...

Section 25332. - 25332. In case no award is made, the board thereafter...

Section 25333.5. - 25333.5. In the case of any district described in Section...

Section 25334. - 25334. A district may exchange its construction bonds for any...

Section 25335. - 25335. Any refunding bonds may be either: (a) Sold from...

Section 25336. - 25336. Any outstanding bonds refunded or exchanged shall be immediately...

ARTICLE 7 - Bond Cancellation

Section 25350. - 25350. Whenever the whole or any portion of any issue...

Section 25351. - 25351. Whenever a resolution to cancel bonds is offered, its...

Section 25352. - 25352. The resolution together with a notice stating the time...

Section 25353. - 25353. After the adoption of a resolution to cancel bonds...

Section 25354. - 25354. Any bonds and coupons so canceled shall be destroyed...

CHAPTER 4 - Issuance of Bonds Pursuant to the Revenue Bond Law of 191

Section 25400. - 25400. Subject to the limitations of this chapter, revenue bonds,...

Section 25401. - 25401. This chapter provides an alternative authority and procedure for...

Section 25402. - 25402. For the purposes of this chapter, the term “enterprise,”...