DIVISION 21. WATER CONSERVATION DISTRICTS 74000-76501›PART 8. ASSESSMENTS 75350-75481.5›CHAPTER 2. Levy of Assessments 75370-75375

§ 75372

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

The assessment tax levied to pay bond principal and interest, when collected, shall be paid into the bond fund of the district and shall be used only for the payment of principal and interest of the bonds of the district and for no other purpose until such principal and interest have been fully paid.

(Added by Stats. 1965, Ch. 75.)

Get a plain-English answer with a citation back to this text.

Ask AI about this code

Export this section

▸Contents — California Water Code

California Water Code

GoCodebook provides public access, search, citation, multilingual explanation, and practical interpretation of legally adopted building regulations. It is not a substitute for the official ICC or California code publications.