DIVISION 15. RECLAMATION DISTRICTS 50000-53901›PART 8. BONDS AND REFUNDING BONDS 52100-52862›CHAPTER 3. General Refunding Bonds 52500-52602›ARTICLE 1. Issuance and Form 52500-52510

§ 52507

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

The principal and interest of refunding bonds shall be based on and payable out of the assessment upon which the bonds to be refunded are payable.

(Added by Stats. 1951, Ch. 336.)

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California Water Code

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