DIVISION 14. CALIFORNIA WATER STORAGE DISTRICT LAW 39000-48401›PART 7. FINANCIAL ORGANIZATION 44400-44963›CHAPTER 3. Funds 44750-44853›ARTICLE 2. Proceeds of Assessments 44775-44778

§ 44776

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

Money collected upon any assessment upon which bonds have been issued shall be used exclusively for the payment of principal and interest of the bonds issued on the assessment.

(Added by Stats. 1951, Ch. 391.)

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California Water Code

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