§ 9490
52 words·~1 min read·
/ca/water-code/9490A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
The amount necessary to pay the interest and principal, or either, falling due, together with the additional 15 per cent of that amount and the amount for sinking fund purposes, shall constitute the amount to be collected and paid into the bond fund and shall be known as the installment for bonds.