Section 25118 Of Article 4. Unauthorized Refunding Modification From California Water Code >> Division 11. >> Part 9. >> Chapter 2. >> Article 4.

. All refunding bonds the terms of which have been modified shall continue to be binding outstanding bonds of the district and negotiable instruments irrespective of any indorsement of the terms of the modification or of the extension of the time of payment and shall be payable in accordance with their terms and the provisions of the modification.