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DIVISION 15. RECLAMATION DISTRICTS 50000-53901›PART 7. ASSESSMENTS 51200-51894›CHAPTER 3. Payment and Collection 51500-51570›ARTICLE 4. Installments Called to Pay Bonds 51560-51563

§ 51560

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

The installment of an assessment called to pay principal or interest on bonds pursuant to Section 51420 may be paid in cash or in bonds of the district, or their interest coupons, issued upon the assessment, which are matured or will mature within 90 days from the date of the calling of the installment, or part in cash and part in bonds or coupons.

(Added by Stats. 1951, Ch. 336.)

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California Water Code

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