Water Code section 9466

Whenever the drainage district has any money in the bond fund of any assessment which money is not immediately required for the purpose of paying principal or interest on bonds of the assessment, all or any part of it may be invested in bonds of the drainage district based upon and secured by the assessment.

Source: Section 9466, https://leginfo.legislature.ca.gov/faces/codes_displaySection.xhtml?lawCode=WAT§ionNum=9466. (accessed May 12, 2025).

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Last Updated

May 12, 2025

§ 9466’s source at ca.gov

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Location: https://california.public.law/codes/water_code_section_9466

Original Source: Section 9466, https://leginfo.legislature.ca.gov/faces/codes_displaySection.xhtml?lawCode=WAT§ionNum=9466. (last accessed May 12, 2025).