GroundRules
WAT § 51502
Where this section sits in the code
- Water Code - WAT
- DIVISION 15. RECLAMATION DISTRICTS [50000. - 53901.]
- PART 7. ASSESSMENTS [51200. - 51894.]
- CHAPTER 3. Payment and Collection [51500. - 51570.]
- ARTICLE 1. General Provisions [51500. - 51503.]
At least 90 days before any installment of interest is due on any time warrants the board shall estimate the amount necessary to pay the interest, after crediting thereon the funds in the “warrant interest fund” applicable to the payment thereof, and shall add thereto 15 percent of the aggregate sum to cover possible delinquencies, and make a call on interest due on any unpaid unbonded assessment equivalent to the amount so estimated.
Collected 2026-09-14T05:56:33Z. Source file · JSON