Statute · California Water Code

Cal. Water Code § 9466 — Funds and Warrants

Cal. Water Code § 9466

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

Whenever the drainage district has any money in the bond fund of any assessment which money is not immediately required for the purpose of paying principal or interest on bonds of the assessment, all or any part of it may be invested in bonds of the drainage district based upon and secured by…

Citator

Cal. Water Code § 9466 — Funds and Warrants is in force in the current edition of the Code, and nothing recorded condemns it.

Whenever the drainage district has any money in the bond fund of any assessment which money is not immediately required for the purpose of paying principal or interest on bonds of the assessment, all or any part of it may be invested in bonds of the drainage district based upon and secured by the assessment.