This law allows the county treasurer to sell bonds as directed by the board, but the bonds must be sold for no less than 90% of their face value, plus any interest that has built up.

This section states that the process for selling bonds must follow the guidelines outlined in Article 3 of Chapter 1 of this part of the Water Code.

In California, the county treasurer can accept district bonds or outstanding warrants as payment. They must accept these at their face value along with any accrued interest.

If an assessment is paid within the initial 30 days as allowed by the law, the amount of bonds that were previously authorized for sale should be reduced or canceled by the amount of that paid assessment.

This law explains that if certain bonds are not going to be sold, the reduction or cancellation of these bonds should only occur in the most recent maturity dates. Additionally, the decision must be officially recorded by the board, and an authorized copy needs to be filed with the county treasurer by the president.

The money earned from selling bonds must be deposited into the county treasury and credited to the district's account.

If you buy bonds sold by the county treasurer, it's automatically assumed they were sold properly and with the right permissions and announcements. This protects you and anyone who buys the bonds from you afterwards.

This law allows the board to issue requests for payment, known as demand warrants, against the money collected from selling bonds and held by the county treasurer.

This section allows certain bonds, which have been approved and certified as legal for investment, to be used by savings banks, trust companies, insurance companies, and similar entities. These bonds can be bought or used as collateral for loans. Furthermore, public officers and various administrators in state and local governments with investment authority can also invest in these bonds.