California § 74615. 74615. (Added by Stats. 1965, Ch. 75.)

California Statutes

§ 74615. — 74615. (Added by Stats. 1965, Ch. 75.)

California § 74615.

JurisdictionCalifornia

Code WATWater Code - WAT

Div. 21.DIVISION 21. WATER CONSERVATION DISTRICTS

Part 5.PART 5. POWERS AND PURPOSES

Ch. 5.CHAPTER 5. Contracts With Other Agencies

Art. 3.ARTICLE 3. Cooperation With the United States

This text of California § 74615. (74615. (Added by Stats. 1965, Ch. 75.)) 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 § 74615. (2026).

Text

When, in furtherance of a contract made with the United States, bonds of a district are authorized, such bonds may be transferred to or deposited with the United States, at not less than their par value. In such case, the interest or principal, or both, of such bonds may be legally paid to the United States and applied to the amount, or any part thereof, to be paid by the district to the United States, as provided in the contract.

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When, in furtherance of a contract made with the United States, bonds of a district are authorized, such bonds may be transferred to or deposited with the United States, at not less than their par value. In such case, the interest or principal, or both, of such bonds may be legally paid to the United States and applied to the amount, or any part thereof, to be paid by the district to the United States, as provided in the contract.

Legislative History

Added by Stats. 1965, Ch. 75.

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California § 74615., Counsel Stack Legal Research, https://law.counselstack.com/statute/ca/WAT/74615..