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DIVISION 15. RECLAMATION DISTRICTS 50000-53901›PART 7. ASSESSMENTS 51200-51894›CHAPTER 2. Levy of Assessments 51230-51485›ARTICLE 6. Supplemental Assessments 51400-51409

§ 51402

California Water Code · 2026-09 edition · updated 2026-10-03 · California

The amount of the supplemental assessment shall not exceed 10 percent of the principal of the refunding bonds to be sold, plus the amount to be raised by the supplemental assessment to pay interest on the refunding bonds to the date of maturity of the bonds to be refunded.

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

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California Water Code

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