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DIVISION 5. FLOOD CONTROL 8000-9651›PART 5. RECLAMATION BOARD BOND ACT 9250-9577›CHAPTER 6. Bonds 9395-9527›ARTICLE 6. Funds and Warrants 9465-9478

§ 9466

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

Whenever the drainage district has any money in the bond fund of any assessment which money is not immediately required for the purpose of paying principal or interest on bonds of the assessment, all or any part of it may be invested in bonds of the drainage district based upon and secured by the assessment.

(Added by Stats. 1943, Ch. 369.)

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California Water Code

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