Statute · California Water Code
Cal. Water Code § 51547 — Operation and Maintenance Assessments
Cal. Water Code § 51547
- Type
- Statute
- Source
- California Water Code
- Jurisdiction
- California
- Current through
- Nov 2, 2026 (California Legislative Counsel)
When time warrants have been issued in anticipation of an operation and maintenance assessment levy, money collected upon that levy shall be used only for the payment of the principal and interest on the time warrants so long as such time warrants are outstanding and unpaid.
Citator
Cal. Water Code § 51547 — Operation and Maintenance Assessments is in force in the current edition of the Code, and nothing recorded condemns it.
When time warrants have been issued in anticipation of an operation and maintenance assessment levy, money collected upon that levy shall be used only for the payment of the principal and interest on the time warrants so long as such time warrants are outstanding and unpaid.