Section 74851 Of Article 5. Issuance And Terms From California Water Code >> Division 21. >> Part 6. >> Chapter 3. >> Article 5.

. The board may issue the bonds of the district for the whole or any part of the amount of the indebtedness authorized, and may, from time to time, provide for the issuance of such amounts as are necessary, until the full amount of the bonds authorized have been issued. Each separate issue shall be given a serial number or letter.