Cal. Wat. Code § 11854

Current through the 2023 Legislative Session.
Section 11854 - Amount of insurance or indemnity bonds against loss of revenues

Insurance or indemnity bonds against loss of revenues may be in an amount equal to the probable revenues to be received from the use and operation of the project during any period of time that is determined upon and fixed by the department, and shall be paid for out of the revenue fund.

Ca. Water Code § 11854

Amended by Stats. 1957, Ch. 1932.