Water Code section 52856

No call for the purpose of creating a reserve fund shall be made until the United States, or department or agency thereof, has accepted 50 percent or more of the refunding bonds proposed to be issued under the plan.

Source: Section 52856, https://leginfo.legislature.ca.gov/faces/codes_displaySection.xhtml?lawCode=WAT§ionNum=52856. (accessed May 10, 2025).

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Last Updated

May 10, 2025

§ 52856’s source at ca.gov

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Location: https://california.public.law/codes/water_code_section_52856

Original Source: Section 52856, https://leginfo.legislature.ca.gov/faces/codes_displaySection.xhtml?lawCode=WAT§ionNum=52856. (last accessed May 10, 2025).