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California Water Code

§ 8164

WAT § 8164Div. 5 · Part 1 · Ch. 3 · Art. 3

Statute text

View on leginfo.ca.gov
The proceeds of the collection of such drainage district taxes and assessments shall be applied solely and exclusively to the payment of the principal and interest for which they were levied and the surplus, if any, of the proceeds of such collections shall be deposited in the county treasury to the credit of the interest and sinking fund of such flood control district and used solely and exclusively for the payment of principal and interest of the bonds of such flood control district.

Legislative history

Added by Stats. 1953, Ch. 138.

Source: California Water Code § 8164 from the California Legislative Information (public record). DecisionDepot is for informational use only and is not legal advice — verify against the official source before relying on this text.