GroundRules
WAT § 52851
Where this section sits in the code
- Water Code - WAT
- DIVISION 15. RECLAMATION DISTRICTS [50000. - 53901.]
- PART 8. BONDS AND REFUNDING BONDS [52100. - 52862.]
- CHAPTER 5. Creation of Reserve Fund Pursuant to Agreement With the United States [52850. - 52862.]
The money in the reserve fund shall be used to pay the installments of principal and interest of any outstanding bonds secured by the assessment when the amount in the bond fund is insufficient to meet such installments on any January 1st or July 1st, as the case may be.
Collected 2026-09-14T05:56:33Z. Source file · JSON