§ 13432
52 words·~1 min read·
/ca/water-code/13432A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
The state board may charge an annual fee not to exceed one-tenth of 1 percent of the principal amount of each bond issue that it guarantees for guarantee coverage. The state board may charge a lesser amount. The proceeds of any fee shall be paid into the Clean Water Bond Guarantee Fund.