§ 51547
46 words·~1 min read·
/ca/water-code/51547A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
When time warrants have been issued in anticipation of an operation and maintenance assessment levy, money collected upon that levy shall be used only for the payment of the principal and interest on the time warrants so long as such time warrants are outstanding and unpaid.