Section 36341 Of Article 3. Miscellaneous Provisions From California Water Code >> Division 13. >> Part 6. >> Chapter 4. >> Article 3.
36341
. The face of each revenue bond shall state:
(a) That the payment or redemption of the bond and the payment of
the interest thereon is secured solely by a first and direct charge
and lien upon all or the portion, as prescribed by the district by
order or by contract, of the revenues pledged therefor.
(b) That neither the payment of all or any part of the principal
or interest thereon is a general debt, liability, or obligation of
the district.
(c) That the bond is subject to call and redemption prior to
maturity, if the board has so provided.