Water Code section 52862

No funds deposited pursuant to subdivision (b) of Section 52859 may be withdrawn except to pay the principal or interests upon any bonds of the district held by Reconstruction Finance Corporation, or its successors in interest, or for repayment to the treasurer of the district for the purposes and uses of the district.

Source: Section 52862, https://leginfo.legislature.ca.gov/faces/codes_displaySection.xhtml?lawCode=WAT§ionNum=52862. (accessed Apr. 24, 2025).

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52862

Last Updated

Apr. 24, 2025

§ 52862’s source at ca.gov

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Location: https://california.public.law/codes/water_code_section_52862

Original Source: Section 52862, https://leginfo.legislature.ca.gov/faces/codes_displaySection.xhtml?lawCode=WAT§ionNum=52862. (last accessed Apr. 24, 2025).