General obligation bonds shall be payable at such time or times and place or places as may be designated by the board, but in no case shall the maturity of any bond be more than 40 years from its date.
Cal. Water Code § 36195
Miscellaneous Provisions
Known as the California Water District Law
The act spans §§ 34000 to 38501 (855 sections).
Amended by Stats. 1955, Ch. 1329.
Official source: California Legislative Information. Reproduced from public-domain California statutes; confirm against the official source for the current text. Not legal advice.