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California · Through 2026-09-13

WAT § 52861

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Where this section sits in the code
  1. Water Code - WAT
  2. DIVISION 15. RECLAMATION DISTRICTS [50000. - 53901.]
  3. PART 8. BONDS AND REFUNDING BONDS [52100. - 52862.]
  4. CHAPTER 5. Creation of Reserve Fund Pursuant to Agreement With the United States [52850. - 52862.]

No purchase of bonds shall be made pursuant to subdivision (a) of Section 52859 unless the unpaid principal amount of the assessment securing such bonds is in excess of the principal amount of outstanding and authorized bonds secured by such assessment.

Collected 2026-09-14T05:56:33Z. Source file · JSON

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