Notwithstanding any other provision of the law, the board may determine that the public economy so requires, and order that less than one-fortieth of the whole amount of the indebtedness, or a series thereof, shall be payable annually.
Cal. Water Code § 55530
Issuance and Sale
Known as the County Waterworks District Law
The act spans §§ 55000–55991 (184 sections).
Added by Stats. 1959, Ch. 1567.
Official source: California Legislative Information. Reproduced from public-domain California statutes; confirm against the official source for the current text. Not legal advice.