Statute · California Water Code

Cal. Water Code § 25245 — Payment Solely from Revenue

Cal. Water Code § 25245

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

If any board provides that the principal, interest, or both of any bonds or any portion of the principal, interest, or both shall be payable solely from designated revenue, neither the district nor any officer thereof shall be held for payment otherwise.

Citator

Cal. Water Code § 25245 — Payment Solely from Revenue is in force in the current edition of the Code, and nothing recorded condemns it.

If any board provides that the principal, interest, or both of any bonds or any portion of the principal, interest, or both shall be payable solely from designated revenue, neither the district nor any officer thereof shall be held for payment otherwise.