California · Water Code
WAT §74802: The resolution shall specify all of the following: (a) The purpose for which the indebtedness is to be incurred.
Read the full statutory text
The resolution shall specify all of the following: (a) The purpose for which the indebtedness is to be incurred. (b) The amount of bonds proposed to be issued. (c) The maximum rate of interest the bonds shall bear. (d) The number of years, not exceeding 40, the whole or any part of the bonds are to run until maturity.
Verify at the official source: California legislative text
Facing this? Know exactly what happens next.
MOFRD turns this code section into your situation: the deadlines that apply to you, the forms your county uses, and the resolution paths people in your position actually take. Free for 3 days — no card required.
This page is legal information, not legal advice. Code text is sourced from official publications and may lag amendments — always confirm at the official source linked above. Plain-English summaries and relationship data are AI-derived and reviewed on an ongoing basis; verify with a licensed attorney before acting.