California Legal Codes and Statutes

§ 36196

Added by Stats. 1951, Ch. 1756.

Each general obligation bond shall be made payable at a given time for its full face value and not for a percentage thereof.

Cite this section

Cal. Wat. Code § 36196 (2026)
https://ca.codecond.com/codes/wat/division-13-california-water-districts/part-6-financial-provisions/chapter-3-provisions-relating-to-general-obligation-bonds-only/article-3-miscellaneous-provisions/section-36196

Other sections in Article 3 - Miscellaneous Provisions

§ 36190§ 36191§ 36192§ 36193§ 36194§ 36195§ 36196§ 36197§ 36198§ 36199§ 36200§ 36201§ 36202

This content is for reference, learning, and study purposes only. All legal text should be verified against the official California Legislative Information website, which is the authoritative source for California law. Data last processed: February 9, 2026.