7217. The full amount of bonds may be divided into two or more series and different dates fixed for the bonds of each series. The maximum term which the bonds of any series shall run before maturity shall not exceed 40 years from the date of each series respectively.(Added by Stats. 1959, Ch. 1598.)
California Legal Code
§ 7217
Source: https://leginfo.legislature.ca.gov/faces/codes_displayText.xhtml?lawCode=HNC&division=8.&title=&part=7.&chapter=6.&article=4.· Version 2026