§ 51661
61 words·~1 min read·
/ca/water-code/51661A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
When the parcel has been purchased for delinquency of a bonded assessment, payment may be made in cash or in matured bonds and coupons issued on the assessment, taken at their face value. Any portion of the purchase price which accrues by reason of a delinquency of an unbonded assessment may be paid only in lawful money of the United States.