Water Code section 56087

Bonds and the interest thereon shall be paid by revenue derived from an annual tax upon the real property in the district, and all the real property in the district shall be and remain liable to be taxed for such payments. Said bonds and the interest thereon shall not be taxable in this State.

Source: Section 56087, https://leginfo.legislature.ca.gov/faces/codes_displaySection.xhtml?lawCode=WAT§ionNum=56087. (updated Jan. 1, 1955; accessed Jun. 26, 2026).

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Up to date

Verified:
Jun. 26, 2026

§ 56087's source at ca.gov

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Location: https://california.public.law/codes/water_code_section_56087

Original Source: Section 56087, https://leginfo.legislature.ca.gov/faces/codes_displaySection.xhtml?lawCode=WAT§ionNum=56087. (last accessed May 12, 2025).