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Cal. Water Code § 25261

Allocation of Revenue to Bond Payment

Known as the Irrigation District Law

The act spans §§ 20500–29978 (1,017 sections).

Added by Stats. 1943, Ch. 372.

The allocation may be for either or both:

(a) Payment of the whole or any part of the principal or interest or both of any bonds payable solely from revenue.

(b) As additional security for the payment of the whole or any part of the principal or interest or both of any bonds payable from assessments.

Official source: California Legislative Information. Reproduced from public-domain California statutes; confirm against the official source for the current text. Not legal advice.