Section 52502 Of Article 1. Issuance And Form From California Water Code >> Division 15. >> Part 8. >> Chapter 3. >> Article 1.

. When the board determines that it would be for the best interest of the district or the landowners therein to refund any installment, or portion thereof, of the principal of any outstanding bonds of the district, the board may, by order entered upon its records, order a special election to be held at some place in the district to be designated by the board.