DIVISION 15. RECLAMATION DISTRICTS 50000-53901›PART 5. DISTRICT POWERS AND DUTIES 50900-50979›CHAPTER 1. General Powers 50900-50907

§ 50901

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

If a district is in debt it has no power to impair or destroy any of its indebtedness without the consent of the creditors, but it may make any arrangement with the creditors for the surrender of such indebtedness at less than par, and may levy an assessment on the lands in the district for the payment thereof.

(Amended by Stats. 1951, Ch. 681.)

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California Water Code

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