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DIVISION 5. FLOOD CONTROL 8000-9651›PART 5. RECLAMATION BOARD BOND ACT 9250-9577›CHAPTER 7. Sale of Land for Delinquent Installments 9535-9577›ARTICLE 1. Notice and Sale 9535-9544

§ 9539

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

No bid for any parcel shall be accepted less than the aggregate sum then due for the installment or installments thereon, together with the penalty, except that the county treasurer may receive from any purchaser at their face value, in lieu of cash, bonds of the drainage district issued upon the assessment, or their interest coupons, if the bonds or coupons are then matured or will mature within one year after such sale.

(Added by Stats. 1943, Ch. 369.)

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California Water Code

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