Cal. Wat. Code § 52861

Current through the 2024 Legislative Session.
Section 52861 - Requirements for purchase of bonds

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.

Ca. Water Code § 52861

Added by Stats. 1951, Ch. 336.