GroundRules
WAT § 52853
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 county treasurer shall call such part of the principal of the assessment securing the refunding bonds, not exceeding the amount by which the unpaid principal amount of the assessment exceeds the principal amount of bonds secured thereby, as is necessary to restore the amount of depletion of the reserve fund caused by authorized payments therefrom.
Collected 2026-09-14T05:56:33Z. Source file · JSON