The bonds shall be issued in such denomination or denominations as the board determines, and shall be payable on the day and at the place or places fixed in the bonds, and with interest at the rate specified therein, payable semiannually.
Cal. Pub. Util. Code § 13242
Form and Content
Known as the Municipal Utility District Act
The act spans §§ 11501–14403 (486 sections).
Amended by Stats. 1963, Ch. 736.
Official source: California Legislative Information. Reproduced from public-domain California statutes; confirm against the official source for the current text. Not legal advice.