No bonded debt and no lien therefor is created or exists as to authorized bonds prior to issuance. Upon issuance a debt is created only as to the bonds issued and a lien is created therefor but only upon the property which on the date of bond issuance is then within the district or improvement districts therein benefited by the bonded debt.
Cal. Water Code § 31707.1
Main Tax Procedure
Known as the County Water District Law
The act spans §§ 30000 to 33901 (468 sections).
Added by Stats. 1955, Ch. 1295.
Official source: California Legislative Information. Reproduced from public-domain California statutes; confirm against the official source for the current text. Not legal advice.