DIVISION 13. CALIFORNIA WATER DISTRICTS 34000-38501›PART 6. FINANCIAL PROVISIONS 35900-36458.1›CHAPTER 4. Provisions Relating to Revenue Bonds Only 36300-36368›ARTICLE 2. Lien of Bonds 36320-36323
§ 36323
California Water Code · 2020-11 edition · updated 2026-10-04 · California
All revenue bonds of the same issue shall be equally and ratably secured without priority by reason of number, date of bonds, of sale, of execution, or of delivery, by a lien on the district’s revenue in accordance with the provisions of this division and the resolutions authorizing the issuance of the bonds.
(Added by Stats. 1951, Ch. 390.)
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