Statute · California Water Code

Cal. Water Code § 11842 — Investment and Use of Surplus Money

Cal. Water Code § 11842

Type
Statute
Source
California Water Code
Jurisdiction
California
Current through
Nov 2, 2026 (California Legislative Counsel)

If the proceedings authorizing the issuance of bonds do not require surplus revenues to be held or applied in any particular manner, they shall be allocated and used for such other purposes incidental to the construction, operation, and maintenance of the project and for making necessary…

Citator

Cal. Water Code § 11842 — Investment and Use of Surplus Money is in force in the current edition of the Code, and nothing recorded condemns it.

If the proceedings authorizing the issuance of bonds do not require surplus revenues to be held or applied in any particular manner, they shall be allocated and used for such other purposes incidental to the construction, operation, and maintenance of the project and for making necessary replacements thereto as the department may determine.