Section 13243 Of Article 2. Form And Content From California Public Utilities Code >> Division 6. >> Chapter 7. >> Article 2.
13243
. The board may at any time prior to the issuance and sale of
any bonds provide for the call and redemption of any or all of the
bonds on any interest payment date prior to their fixed maturity at
not exceeding the par value and accrued interest plus a premium of
not exceeding 5 percent upon the principal amount of the bonds, in
which event the call price fixed by the board shall be set forth on
the face of the bond. Notice of such redemption shall be published
once a week for three successive weeks in a newspaper of general
circulation printed and published within the district or if there is
no such newspaper printed and published within the district then the
publication shall be made in a newspaper of general circulation
printed and published within the county in which the district or any
part thereof is situated, the first publication of which shall be at
least 30 days prior to the date fixed for the redemption. After the
date fixed for such redemption interest on the bonds thereafter shall
cease.