DIVISION 15. RECLAMATION DISTRICTS 50000-53901›PART 7. ASSESSMENTS 51200-51894›CHAPTER 3. Payment and Collection 51500-51570›ARTICLE 3. Operation and Maintenance Assessments 51540-51547
§ 51547
California Water Code · 2020-11 edition · updated 2026-10-04 · California
When time warrants have been issued in anticipation of an operation and maintenance assessment levy, money collected upon that levy shall be used only for the payment of the principal and interest on the time warrants so long as such time warrants are outstanding and unpaid.
(Added by Stats. 1951, Ch. 336.)
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