Water Code section 24481

Federal and State bonds so purchased with the sinking fund money together with the income from them shall be held as part of the sinking fund until the board determines that it is for the best interests of the district that the bonds or any of them be sold.

Source: Section 24481, https://leginfo.legislature.ca.gov/faces/codes_displaySection.xhtml?lawCode=WAT§ionNum=24481. (updated Jan. 1, 1943; accessed Sep. 14, 2026).

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Up to date

Verified:
Sep. 14, 2026

§ 24481's source at ca.gov

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Location: https://california.public.law/codes/water_code_section_24481

Original Source: Section 24481, https://leginfo.legislature.ca.gov/faces/codes_displaySection.xhtml?lawCode=WAT§ionNum=24481. (last accessed May 12, 2025).