Statute · California Water Code

Cal. Water Code § 52862 — Creation of Reserve Fund Pursuant to Agreement With the United States

Cal. Water Code § 52862

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

No funds deposited pursuant to subdivision (b) of Section 52859 may be withdrawn except to pay the principal or interests upon any bonds of the district held by Reconstruction Finance Corporation, or its successors in interest, or for repayment to the treasurer of the district for the purposes…

Citator

Cal. Water Code § 52862 — 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No funds deposited pursuant to subdivision (b) of Section 52859 may be withdrawn except to pay the principal or interests upon any bonds of the district held by Reconstruction Finance Corporation, or its successors in interest, or for repayment to the treasurer of the district for the purposes and uses of the district.