§ 51501

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

All interest paid on any unbonded assessment shall be deposited with the county treasurer in the “warrant interest fund” and be used only for the payment of interest on warrants unless the board requests the county treasurer to transfer all or a part of the fund to the general fund or maintenance fund of the district.

(Amended by Stats. 1953, Ch. 879.)

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California Water Code

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