Section 70241 Of Article 2. Form And Content From California Public Utilities Code >> Division 10. >> Part 7. >> Chapter 7. >> Article 2.

. The bonds shall be issued in such denominations as the board determines, except that no bonds shall be issued of a denomination less than one thousand dollars ($1,000) and shall be payable on the day and at the place or places fixed in the bond, and with interest at the rate specified therein, payable semiannually.