California Law (Last Updated: March 4, 2014) |
Water Code - WAT |
Division 14. CALIFORNIA WATER STORAGE DISTRICT LAW |
Part 9. ASSESSMENTS |
Chapter 8. Assessments Upon Which Bonds Have Been Issued |
ARTICLE 1. Lien and Additional Assessments |
Section 47301.
Latest version.
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If for any reason any part of the principal or interest of the bonds remains unpaid after enforcement of the assessment as provided in this division, the board shall order an additional or supplemental assessment to be made as provided in this division sufficient to pay the unpaid principal and interest.
(Added by Stats. 1951, Ch. 391.)