California Legal Codes and Statutes

§ 44776

Added by Stats. 1951, Ch. 391.

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 issued on the assessment.

Cite this section

Cal. Wat. Code § 44776 (2026)
https://ca.codecond.com/codes/wat/division-14-california-water-storage-district-law/part-7-financial-organization/chapter-3-funds/article-2-proceeds-of-assessments/section-44776

Other sections in Article 2 - Proceeds of Assessments

§ 44775§ 44776§ 44777§ 44778

This content is for reference, learning, and study purposes only. All legal text should be verified against the official California Legislative Information website, which is the authoritative source for California law. Data last processed: February 9, 2026.