§ 51402. — 51402. (Added by Stats. 1951, Ch. 336.)

California § 51402.

• Jurisdiction: California
• Code WAT: Water Code - WAT
• Div. 15.: DIVISION 15. RECLAMATION DISTRICTS
• Part 7.: PART 7. ASSESSMENTS
• Ch. 2.: CHAPTER 2. Levy of Assessments
• Art. 6.: ARTICLE 6. Supplemental Assessments

Text

The amount of the supplemental assessment shall not exceed 10 percent of the principal of the refunding bonds to be sold, plus the amount to be raised by the supplemental assessment to pay interest on the refunding bonds to the date of maturity of the bonds to be refunded.

Legislative History

Added by Stats. 1951, Ch. 336.