Statute · California Water Code

Cal. Water Code § 44776 — Proceeds of Assessments

Cal. Water Code § 44776

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

Money collected upon any assessment upon which bonds have been issued shall be used exclusively for the payment of principal and interest of the bonds issued on the assessment.

Citator

Cal. Water Code § 44776 — Proceeds of Assessments is in force in the current edition of the Code, and nothing recorded condemns it.

Money collected upon any assessment upon which bonds have been issued shall be used exclusively for the payment of principal and interest of the bonds issued on the assessment.