Statute · California Water Code
Cal. Water Code § 35903.5 — Funds and Warrants
Cal. Water Code § 35903.5
- Type
- Statute
- Source
- California Water Code
- Jurisdiction
- California
- Current through
- Nov 2, 2026 (California Legislative Counsel)
(a) Notwithstanding the provisions of Section 35903, any amount in the general obligation bond fund in excess of the amount needed to pay principal and interest on bonds during the then current fiscal year and the succeeding fiscal year may be transferred by the treasurer to the general fund.
Citator
Cal. Water Code § 35903.5 — Funds and Warrants is in force in the current edition of the Code, and nothing recorded condemns it.
(a) Notwithstanding the provisions of Section 35903, any amount in the general obligation bond fund in excess of the amount needed to pay principal and interest on bonds during the then current fiscal year and the succeeding fiscal year may be transferred by the treasurer to the general fund.
(b) This section shall apply only to the Fern Valley Water District.