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DIVISION 6. CONSERVATION, DEVELOPMENT, AND UTILIZATION OF STATE WATER RESOURCES 10000-12999›PART 3. CENTRAL VALLEY PROJECT 11100-11985›CHAPTER 9. Finances 11800-11855›ARTICLE 7. Insurance and Indemnity Bonds 11850-11855

§ 11853

California Water Code · 2020-11 edition · updated 2026-10-04 · California

The department may carry insurance or indemnity bonds insuring against the loss of revenues to be derived from the project by reason of any interruption in the use of the project, or any part thereof, from any cause whatever, and the proceeds of such insurance or indemnity bonds shall be paid into the fund into which the revenues are required to be paid and shall be applied to the same purposes and in the same manner as other moneys in the fund.

(Amended by Stats. 1957, Ch. 1932.)

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California Water Code

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