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Cal. Water Code § 8938

Sacramento and San Joaquin Drainage District Refunding Act

Added by Stats. 1943, Ch. 369.

If a supplementary assessment number six is levied by the board, immediately upon the supplementary assessment number six becoming a lien upon the lands, the board shall rescind and cancel its then existing order and the board may order that thereafter the assessment number six and the supplementary assessment number six shall be paid in semiannual installments equal to not less than 312 per cent of the principal amount of the assessment for each installment.

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