California Statutes
§ 55703. — 55703. (Added by Stats. 1953, Ch. 155.)
California § 55703.
JurisdictionCalifornia
Code WATWater Code - WAT
Div. 16.DIVISION 16. COUNTY WATERWORKS DISTRICTS
Part 4.PART 4. FINANCIAL PROVISIONS
Ch. 3.CHAPTER 3. Taxes
This text of California § 55703. (55703. (Added by Stats. 1953, Ch. 155.)) 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 § 55703. (2026).
Text
If the maturity of the indebtedness created by the issue of the bonds is made to begin more than one year after the date of issue, the tax shall be levied and collected each year, sufficient to pay the interest on the indebtedness as it falls due, and also to constitute a sinking fund for the payment of the principal on or before maturity.
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Legislative History
Added by Stats. 1953, Ch. 155.
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