The district board shall prescribe, by resolution, the form of the bonds and interest coupons. The bonds shall be payable at the times and at a place to be fixed by the district board and designated in the bonds, together with interest on all sums unpaid on that date until all of the indebtedness has been paid. The term of the bonds issued shall not exceed 40 years.
Cal. Pub. Res. Code § 49168
Bonds
Known as the California Integrated Waste Management Act
The act spans §§ 40000–49654 (1,051 sections).
Added by Stats. 1989, Ch. 1095, Sec. 22.
Official source: California Legislative Information. Reproduced from public-domain California statutes; confirm against the official source for the current text. Not legal advice.