If any board provides that the principal, interest, or both of any bonds or any portion of the principal, interest, or both shall be payable solely from designated revenue, neither the district nor any officer thereof shall be held for payment otherwise.
Cal. Water Code § 25245
Payment Solely from Revenue
Known as the Irrigation District Law
The act spans §§ 20500 to 29978 (1,017 sections).
Amended by Stats. 1991, Ch. 1226, Sec. 58.
Official source: California Legislative Information. Reproduced from public-domain California statutes; confirm against the official source for the current text. Not legal advice.