California Statutes
§ 36554. — 36554. (Added by Stats. 1951, Ch. 390.)
California·Code WAT Water Code - WAT·Div. 13. DIVISION 13. CALIFORNIA WATER DISTRICTS·Part 7. PART 7. ASSESSMENTS·Ch. 1. CHAPTER 1. Assessment·Art. 1. ARTICLE 1. Annual Estimate
The annual estimate may include an amount to be determined by the board but not to exceed 1 percent of the total assessed value of the land, which sum shall be apportioned to the bond fund and used for the redemption or purchase of unmatured bonds or for the creation of a sinking fund to pay bonds as they become due.
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California § 36554. (36554. (Added by Stats. 1951, Ch. 390.)) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
Added by Stats. 1951, Ch. 390.