Water Code section 52861

No purchase of bonds shall be made pursuant to subdivision (a) of Section 52859 unless the unpaid principal amount of the assessment securing such bonds is in excess of the principal amount of outstanding and authorized bonds secured by such assessment.

Source: Section 52861, https://leginfo.legislature.ca.gov/faces/codes_displaySection.xhtml?lawCode=WAT§ionNum=52861. (accessed Jun. 2, 2025).

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Last Updated

May 12, 2025

§ 52861’s source at ca.gov

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Location: https://california.public.law/codes/water_code_section_52861

Original Source: Section 52861, https://leginfo.legislature.ca.gov/faces/codes_displaySection.xhtml?lawCode=WAT§ionNum=52861. (last accessed May 12, 2025).