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Cal. Water Code § 74850

Issuance and Terms

Redline — January 1, 2011 → current.View current text →
Current — January 1, 2025
As of January 1, 2011
If two-thirds of the votes cast upon the proposition at the bond election are marked and counted “Bonds—Yes” or appear to favor the proposition submitted, the proposition shall be deemed to have been accepted by the voters and to authorize the incurring of a bonded debt and the issuance of bonds in the amount of and for the purpose stated in the proposition.
If two-thirds of the votes cast upon the proposition at the bond election favor the proposition submitted, the proposition shall be deemed to have been accepted by the voters and to authorize the incurring of a bonded debt and the issuance of bonds in the amount of and for the purpose stated in the proposition.

Official source: California Legislative Information. Reproduced from public-domain California statutes; confirm against the official source for the current text. Not legal advice.