California Statutes
§ 24955. — 24955. (Amended by Stats. 1955, Ch. 298.)
California § 24955.
JurisdictionCalifornia
Code WATWater Code - WAT
Div. 11.DIVISION 11. IRRIGATION DISTRICTS
Part 9.PART 9. BONDS
Ch. 1.CHAPTER 1. Construction Bonds
This text of California § 24955. (24955. (Amended by Stats. 1955, Ch. 298.)) is published on Counsel Stack Legal Research, covering California primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
Cal. Water Code - WAT Code § 24955. (2026).
Text
The estimate may include a sum sufficient to pay the interest on the proposed construction bonds for four years or less and, if the bonds are to be payable solely from revenues, the estimate may also include a sum for a revenue bond reserve fund to be set aside out of the proceeds of sale of revenue bonds to be maintained by revenues and used and withdrawn solely for the purpose of paying the principal of and interest on such bonds in the event that no other funds are available therefor.
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Legislative History
Amended by Stats. 1955, Ch. 298.
Nearby Sections
2
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California § 24955., Counsel Stack Legal Research, https://law.counselstack.com/statute/ca/WAT/24955..