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DIVISION 13. CALIFORNIA WATER DISTRICTS 34000-38501›PART 5. POWERS AND PURPOSES 35300-35886›CHAPTER 2. Powers 35400-35509›ARTICLE 4. Charges 35470-35482

§ 35471

California Water Code · 2018-11 edition · updated 2026-10-04 · California

Any funds derived pursuant to Section 35470 in excess of the amount necessary for operating or maintenance expenses and other lawful district purposes shall be applied by the treasurer upon the payment of interest on general obligation bonds or to create a sinking fund.

(Amended by Stats. 1976, Ch. 1044.)

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