Earlier editions: 2020-112018-112026-09
DIVISION 11. IRRIGATION DISTRICTS 20500-29978›PART 7. IMPROVEMENT DISTRICTS IN IRRIGATION DISTRICTS 23600-24103›CHAPTER 1. Formation 23600-23674›ARTICLE 4. Formation and Assessment 23665-23674
§ 23669
California Water Code · 2026-10 edition · updated 2026-10-04 · California
Any assessment levied pursuant to Section 23667 shall include both of the following sums:
(a) An amount equal to interest on any deferred payments at a rate not exceeding 12 percent each year.
(b) An amount equal to 10 percent more than all other sums to be raised by the assessment, in order to provide for anticipated delinquencies.
(Amended by Stats. 1981, Ch. 740, Sec. 2.)
Get a plain-English answer with a citation back to this text.
Ask AI about this code