Water Code section 9472

If any balance remains in the bond fund of the assessment after payment in full of the principal and interest of all outstanding bonds issued upon the assessment, the balance shall be held for the benefit of the lands upon which the assessment was made and in proportion to the amounts assessed thereon.

Source: Section 9472, https://leginfo.­legislature.­ca.­gov/faces/codes_displaySection.­xhtml?lawCode=WAT§ionNum=9472.­ (updated Jan. 1, 1943; accessed Jun. 30, 2025).

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Verified:
Jun. 30, 2025

§ 9472's source at ca​.gov