DIVISION 20. MUNICIPAL WATER DISTRICTS 71000-73001›PART 8. FORMATION OF IMPROVEMENT DISTRICTS FOR PURPOSES OTHER THAN ISSUANCE OF BONDS 72000-72077›CHAPTER 4. Advance of Funds 72030-72031

§ 72031

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

The board may provide that the district shall be repaid for any advance of funds, with interest at a rate not to exceed the interest value of money to the district, from the taxes levied exclusively upon the taxable property in the improvement district.

(Amended by Stats. 1969, Ch. 708.)

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California Water Code

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