Statute · California Water Code
Cal. Water Code § 52856 — Creation of Reserve Fund Pursuant to Agreement With the United States
Cal. Water Code § 52856
- Type
- Statute
- Source
- California Water Code
- Jurisdiction
- California
- Current through
- Nov 2, 2026 (California Legislative Counsel)
No call for the purpose of creating a reserve fund shall be made until the United States, or department or agency thereof, has accepted 50 percent or more of the refunding bonds proposed to be issued under the plan.
Citator
Cal. Water Code § 52856 — Creation of Reserve Fund Pursuant to Agreement With the United States is in force in the current edition of the Code, and nothing recorded condemns it.
No call for the purpose of creating a reserve fund shall be made until the United States, or department or agency thereof, has accepted 50 percent or more of the refunding bonds proposed to be issued under the plan.