Cal. Wat. Code § 55701

Current through the 2023 Legislative Session.
Section 55701 - Levy of tax sufficient to pay interest and principal on bonds

The board of supervisors shall levy a tax, each year, upon the taxable property in the district, sufficient to pay the interest on the bonds for that year authorized at the time of formation of the district, and that portion of the principal which is to become due before the time for making the next general tax levy.

Ca. Water Code § 55701

Added by Stats. 1953, Ch. 155.