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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 4. Action to Secure Payment of Revenue Bonds 36360-36368

§ 36368

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

Whenever all that is due upon all obligations and interest thereon which are a charge, lien, or encumbrance on the revenues of the district has been paid and all defaults have been cured and made good, the court, after such notice and hearing as it deems reasonable and proper, shall direct the receiver to surrender jurisdiction over the affairs of the district.

(Added by Stats. 1951, Ch. 390.)

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