California Law (Last Updated: March 4, 2014) |
Water Code - WAT |
Division 14. CALIFORNIA WATER STORAGE DISTRICT LAW |
Part 7. FINANCIAL ORGANIZATION |
Chapter 3. Funds |
ARTICLE 2. Proceeds of Assessments |
Section 44775.
Latest version.
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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 upon which bonds have been issued, including all the following:
(a) Money derived from sale of land for delinquent installments.
(b) Money derived from redemption of land.
(c) Money derived from sale of land bought by the treasurer at a sale for delinquent installments as trustee of the district bond fund.
(d) Money derived from interest and penalties.
(e) The amount of purchase money paid in bonds or coupons on sales made under any assessment.
(Added by Stats. 1951, Ch. 391.)