Water Code section 46674

Except as otherwise provided in Section 46675, in the event the cost of any unit is less than the funds collected therefor, the excess shall be held and used for the benefit of such unit only and shall be applied to the bond fund of such unit, and if there is no bond fund, the excess shall be applied to the operation of such unit.

Source: Section 46674, https://leginfo.legislature.ca.gov/faces/codes_displaySection.xhtml?lawCode=WAT§ionNum=46674. (updated Jan. 1, 1957; accessed Oct. 6, 2025).

46670
46671
46672
46673
46674
46675

Up to date

Verified:
Oct. 6, 2025

§ 46674's source at ca.gov

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Location: https://california.public.law/codes/water_code_section_46674

Original Source: Section 46674, https://leginfo.legislature.ca.gov/faces/codes_displaySection.xhtml?lawCode=WAT§ionNum=46674. (last accessed May 12, 2025).