DIVISION 11. IRRIGATION DISTRICTS 20500-29978›PART 8. FINANCIAL ORGANIZATION 24250-24771›CHAPTER 3. Funds 24475-24530›ARTICLE 2. Payment and Purchase of Bonds 24500-24507
§ 24506
California Water Code · 2018-11 edition · updated 2026-10-04 · California
Whenever there is in any fund of the district money in excess of that required for the purposes of the fund up to the time when any part of the next annual assessment levied or to be levied in the district will become delinquent, the district may purchase with this surplus money or any part of it any of its outstanding bonds not yet due.
(Added by Stats. 1943, Ch. 372.)
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