Statute · California Water Code

Cal. Water Code § 52736 — Sinking Fund

Cal. Water Code § 52736

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

The board may invest the money in the sinking fund in bonds of the United States or of the State of California, and hold the bonds so purchased, and the income therefrom, as part of the sinking fund until such time as the board determines that it is for the best interests of the district that…

Citator

Cal. Water Code § 52736 — Sinking Fund is in force in the current edition of the Code, and nothing recorded condemns it.

The board may invest the money in the sinking fund in bonds of the United States or of the State of California, and hold the bonds so purchased, and the income therefrom, as part of the sinking fund until such time as the board determines that it is for the best interests of the district that all or part of such bonds be sold.