After the period of 30 days, all unpaid original assessments shall bear interest at the rate of 112 percent per month unless the board, by resolution, adopts a lesser rate and files a certified copy of the resolution with the county treasurer.
Cal. Water Code § 51514
Original and Additional Assessments
Amended by Stats. 1992, Ch. 38, Sec. 6
Official source: California Legislative Information. Reproduced from public-domain California statutes; confirm against the official source for the current text. Not legal advice.