Water Code section 23917

The treasurer shall establish a separate fund for general obligation bonds of the district for each improvement district to which shall be apportioned money properly belonging to such general obligation bond fund. The money in any separate general obligation bond fund shall be used for the payment of bonds of the district for the particular improvement district and interest thereon and until the bonded indebtedness of the district therefor is discharged shall not be used for any other purpose.

Source: Section 23917, https://leginfo.legislature.ca.gov/faces/codes_displaySection.xhtml?lawCode=WAT§ionNum=23917. (accessed May 9, 2025).

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Last Updated

Apr. 24, 2025

§ 23917’s source at ca.gov

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Location: https://california.public.law/codes/water_code_section_23917

Original Source: Section 23917, https://leginfo.legislature.ca.gov/faces/codes_displaySection.xhtml?lawCode=WAT§ionNum=23917. (last accessed Apr. 24, 2025).