Statute · California Water Code
Cal. Water Code § 72031 — Advance of Funds
Cal. Water Code § 72031
- Type
- Statute
- Source
- California Water Code
- Jurisdiction
- California
- Current through
- Nov 2, 2026 (California Legislative Counsel)
The board may provide that the district shall be repaid for any advance of funds, with interest at a rate not to exceed the interest value of money to the district, from the taxes levied exclusively upon the taxable property in the improvement district.
Citator
Cal. Water Code § 72031 — Advance of Funds is in force in the current edition of the Code, and nothing recorded condemns it.
The board may provide that the district shall be repaid for any advance of funds, with interest at a rate not to exceed the interest value of money to the district, from the taxes levied exclusively upon the taxable property in the improvement district.