California Water Code ARTICLE 2 - Purchase and Sale of Land by the Drainage District

• Section 9550.
  If no bid is made for any parcel at the delinquent sale equal to the amount of installment or installments delinquent thereon, including the penalty,...
• Section 9551.
  Any parcel of land bid in and purchased by the drainage district at the delinquent sale shall be held in trust for the bond fund...
• Section 9552.
  Payment for the land purchased under the next preceding section may be made by the purchaser either in cash or matured bonds and coupons issued...
• Section 9553.
  The board shall execute a deed to the purchaser at the sale conveying the property, free of encumbrances except State, county and other municipal taxes,...
• Section 9554.
  The purchase price received in cash shall be paid by the board to the State Treasurer and any bonds or coupons received in payment by...
• Section 9555.
  All such money paid over and the canceled bonds or coupons delivered to the State Treasurer shall be credited to the bond fund of the...
• Section 9556.
  If any land held by the drainage district, pursuant to the provisions of this chapter, remains unsold after the final installment of the assessment has...
• Section 9557.
  The board shall execute to the purchaser a conveyance of the land free of incumbrances except State, county and municipal taxes, and assessments levied or...
• Section 9558.
  The board shall deposit the proceeds of the sale with the State Treasurer to the credit of the bond fund of the assessment.(Added by Stats....

Last modified: October 22, 2018