Water Code section 35520.21

All unpaid assessments shall bear interest at the rate of 12 percent per annum. Interest shall commence to run 30 days after the board has adopted a resolution calling for the sale of bonds secured by the assessment.

Source: Section 35520.21, https://leginfo.legislature.ca.gov/faces/codes_displaySection.xhtml?lawCode=WAT§ionNum=35520.21. (accessed May 10, 2025).

Last Updated

May 10, 2025

§ 35520.21’s source at ca.gov

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Location: https://california.public.law/codes/water_code_section_35520.21

Original Source: Section 35520.21, https://leginfo.legislature.ca.gov/faces/codes_displaySection.xhtml?lawCode=WAT§ionNum=35520.21. (last accessed May 10, 2025).