California § 55503.5. 55503.5. (Amended by Stats. 1971, Ch. 674.)

California Statutes

§ 55503.5. — 55503.5. (Amended by Stats. 1971, Ch. 674.)

California § 55503.5.

JurisdictionCalifornia

Code WATWater Code - WAT

Div. 16.DIVISION 16. COUNTY WATERWORKS DISTRICTS

Part 4.PART 4. FINANCIAL PROVISIONS

Ch. 1.CHAPTER 1. General Provisions

This text of California § 55503.5. (55503.5. (Amended by Stats. 1971, Ch. 674.)) 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 § 55503.5. (2026).

Text

Notwithstanding any other provisions of law, such funds, when so borrowed by a waterworks district, shall forthwith increase the appropriations of the district for which they are needed. The governing body of the entity from which the funds are borrowed may specify the date and manner in which the funds shall be repaid. In no case shall repayment of the loan be deferred longer than 10 calendar years.

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Notwithstanding any other provisions of law, such funds, when so borrowed by a waterworks district, shall forthwith increase the appropriations of the district for which they are needed. The governing body of the entity from which the funds are borrowed may specify the date and manner in which the funds shall be repaid. In no case shall repayment of the loan be deferred longer than 10 calendar years.

Legislative History

Amended by Stats. 1971, Ch. 674.

Nearby Sections

3

§ 55503.

55503. (Amended by Stats. 1971, Ch. 674.)

§ 55503.5.

55503.5. (Amended by Stats. 1971, Ch. 674.)

§ 55503.6.

55503.6. (Amended by Stats. 1971, Ch. 674.)

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California § 55503.5., Counsel Stack Legal Research, https://law.counselstack.com/statute/ca/WAT/55503.5..