DIVISION 15. RECLAMATION DISTRICTS 50000-53901›PART 8. BONDS AND REFUNDING BONDS 52100-52862›CHAPTER 5. Creation of Reserve Fund Pursuant to Agreement With the United States 52850-52862

§ 52862

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

No funds deposited pursuant to subdivision (b) of Section 52859 may be withdrawn except to pay the principal or interests upon any bonds of the district held by Reconstruction Finance Corporation, or its successors in interest, or for repayment to the treasurer of the district for the purposes and uses of the district.

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

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California Water Code

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