Statute · California Water Code

Cal. Water Code § 51402 — Supplemental Assessments

Cal. Water Code § 51402

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

The amount of the supplemental assessment shall not exceed 10 percent of the principal of the refunding bonds to be sold, plus the amount to be raised by the supplemental assessment to pay interest on the refunding bonds to the date of maturity of the bonds to be refunded.

Citator

Cal. Water Code § 51402 — Supplemental Assessments is in force in the current edition of the Code, and nothing recorded condemns it.

The amount of the supplemental assessment shall not exceed 10 percent of the principal of the refunding bonds to be sold, plus the amount to be raised by the supplemental assessment to pay interest on the refunding bonds to the date of maturity of the bonds to be refunded.