California Water Code

§ 52856

Name: California Superior Court Tentative Rulings
Creator: DecisionDepot
License: https://creativecommons.org/licenses/by-nc/4.0/

WAT § 52856Div. 15 · Part 8 · Ch. 5

Statute text

View on leginfo.ca.gov

No call for the purpose of creating a reserve fund shall be made until the United States, or department or agency thereof, has accepted 50 percent or more of the refunding bonds proposed to be issued under the plan.

Legislative history

Added by Stats. 1951, Ch. 336.