District bonds shall be of such form and shall be redeemed at such times and in such amounts as the board may from time to time prescribe. However, the redemption of the bonds shall begin in not more than 15 years and shall be completed in not more than 75 years from the date of issue.
Cal. Pub. Util. Code § 17001
Bonds
Known as the The Public Utility District Act
The act spans §§ 15501–18055 (309 sections).
Amended by Stats. 1965, Ch. 68.
Official source: California Legislative Information. Reproduced from public-domain California statutes; confirm against the official source for the current text. Not legal advice.