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DIVISION 15. RECLAMATION DISTRICTS 50000-53901›PART 8. BONDS AND REFUNDING BONDS 52100-52862›CHAPTER 4. Alternate Method for Refunding Bonds 52700-52760›ARTICLE 2. Sinking Fund 52730-52737

§ 52732

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

Ninety days, or more, before the first day of January in any year, the board may modify the amount of the sinking fund payment. The board shall forthwith mail the county treasurer a copy of the board’s order approving the modification of the sinking fund payment. The order shall state specifically the amount to be called by the county treasurer if the amount is less than that stated in the sinking fund schedule.

(Amended by Stats. 1992, Ch. 1020, Sec. 136. Effective January 1, 1993.)

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California Water Code

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