Cal. Wat. Code § 25261

Current through the 2023 Legislative Session.

Section 25261 - Allocation

The allocation may be for either or both:

(a) Payment of the whole or any part of the principal or interest or both of any bonds payable solely from revenue.

(b) As additional security for the payment of the whole or any part of the principal or interest or both of any bonds payable from assessments.

Ca. Water Code § 25261

Added by Stats. 1943, Ch. 372.