§ 35520.21
38 words·~1 min read·
/ca/water-code/35520-21A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
All unpaid assessments shall bear interest at the rate of 12 percent per annum. Interest shall commence to run 30 days after the board has adopted a resolution calling for the sale of bonds secured by the assessment.