Water Code section 75372

The assessment tax levied to pay bond principal and interest, when collected, shall be paid into the bond fund of the district and shall be used only for the payment of principal and interest of the bonds of the district and for no other purpose until such principal and interest have been fully paid.

Source: Section 75372, https://leginfo.legislature.ca.gov/faces/codes_displaySection.xhtml?lawCode=WAT§ionNum=75372. (accessed May 9, 2025).

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Last Updated

Apr. 24, 2025

§ 75372’s source at ca.gov

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Location: https://california.public.law/codes/water_code_section_75372

Original Source: Section 75372, https://leginfo.legislature.ca.gov/faces/codes_displaySection.xhtml?lawCode=WAT§ionNum=75372. (last accessed Apr. 24, 2025).