The assessment shall be payable in not to exceed 40 annual installments, with interest at an annual rate not to exceed 7 percent.
Cal. Water Code § 75413
Initiation of Proceedings
Known as the Water Conservation District Law
The act spans §§ 74000–76501 (513 sections).
Added by Stats. 1965, Ch. 75.
Official source: California Legislative Information. Reproduced from public-domain California statutes; confirm against the official source for the current text. Not legal advice.