California Water Code

§ 11721

WAT § 11721Div. 6 · Part 3 · Ch. 8 · Art. 3

Statute text

Bonds issued under this part shall not constitute or be a debt, liability, or obligation of the State. Payment of both principal and interest of all such bonds shall be secured only by the rates, charges, and revenues established or accruing from the use or operation of the project and shall be made from such revenues or from such contributions or appropriations as may be made available under the terms of this part.

Legislative history

Added by Stats. 1943, Ch. 370.