Section 36213.1 Of Article 4. Destruction And Redemption Of Bonds From California Water Code >> Division 13. >> Part 6. >> Chapter 3. >> Article 4.
36213.1
. If the unsold general obligation bonds shall not have been
printed, the election provided for in this article shall be called
and held to determine whether the authority to issue and sell said
unprinted bonds shall be revoked. If two-thirds of the votes cast
upon the proposition favor such revocation, the authority to issue
and sell said unprinted bonds shall be revoked, the amount thereof
deducted from the total amount authorized to be issued, and no part
of said bonds shall thereafter be printed or issued.