GroundRules
WAT § 36360
Where this section sits in the code
- Water Code - WAT
- DIVISION 13. CALIFORNIA WATER DISTRICTS [34000. - 38501.]
- PART 6. FINANCIAL PROVISIONS [35900. - 36458.1.]
- CHAPTER 4. Provisions Relating to Revenue Bonds Only [36300. - 36368.]
- ARTICLE 4. Action to Secure Payment of Revenue Bonds [36360. - 36368.]
Bondholders owning or holding 25 percent or more of any outstanding and unpaid issue of revenue bonds may, when payments of principal or interest, or both, have been in default for not less than one year, institute proceedings in the superior court of the principal county to compel the district to fix and collect sufficient charges for the sale of water for the irrigation of land to pay when due the principal and interest of revenue bonds.
Collected 2026-09-14T05:56:33Z. Source file · JSON