§ 9472
53 words·~1 min read·
/ca/water-code/9472A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
If any balance remains in the bond fund of the assessment after payment in full of the principal and interest of all outstanding bonds issued upon the assessment, the balance shall be held for the benefit of the lands upon which the assessment was made and in proportion to the amounts assessed thereon.