Section 25301 Of Article 5. Callable Bonds From California Water Code >> Division 11. >> Part 9. >> Chapter 3. >> Article 5.
25301
. Callable bonds may be redeemed in addition to other methods
permitted in the following manner:
(a) In numerical order or by lot as prescribed in the resolution.
(b) On any interest payment date prior to their fixed maturity.
(c) At not exceeding their par value and accrued interest or on
the terms provided in the resolution.