DIVISION 15. RECLAMATION DISTRICTS 50000-53901›PART 8. BONDS AND REFUNDING BONDS 52100-52862›CHAPTER 5. Creation of Reserve Fund Pursuant to Agreement With the United States 52850-52862
§ 52858
California Water Code · 2020-11 edition · updated 2026-10-04 · California
Sales of bonds of the United States or of the State of California purchased with reserve fund money shall be made by the county treasurer in sufficient time that the proceeds may be applied to the purposes for which the reserve fund was created.
(Added by Stats. 1951, Ch. 336.)
Get a plain-English answer with a citation back to this text.
Ask AI about this code