Public-domain · open source
OpenJurist

Cal. Water Code § 72071

Powers—Generally

Known as the Municipal Water District Law

The act spans §§ 71000–73001 (528 sections).

Repealed and added by Stats. 1975, Ch. 291.

The board may repay the district for any advance of funds, together with interest, at a rate not to exceed the interest value of money to the district, from any combination of the following sources:

(a) The proceeds of the sale of bonds authorized for the purposes of the improvement district.

(b) The taxes levied exclusively upon the taxable property in the improvement district.

(c) Revenue derived from any source set forth in Section 72077 hereof.

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