§ 60449
45 words·~1 min read·
/ca/water-code/60449A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
It is the intent of the Legislature that no district shall be disincorporated until all bonded indebtedness shall have been fully paid, and by the word “indebtedness” as used herein is meant all indebtedness other than said bonded indebtedness unless the latter is expressly used.