California Water Code ARTICLE 2 - Proceeds of Assessments

• Section 44775.
  The county treasurer shall deposit in the county treasury to the credit of the bond fund of the district all money collected upon any assessment...
• Section 44776.
  Money collected upon any assessment upon which bonds have been issued shall be used exclusively for the payment of principal and interest of the bonds...
• Section 44777.
  The county treasurer shall transmit to the treasurer of the district all canceled bonds and coupons received in payment on any delinquent sale and a...
• Section 44778.
  Any balance remaining in the bond fund after payment in full of the principal and interest of all outstanding bonds of the district shall be...

Last modified: October 22, 2018