California Law (Last Updated: March 4, 2014) |
Water Code - WAT |
Division 15. RECLAMATION DISTRICTS |
Part 7. ASSESSMENTS |
Chapter 2. Levy of Assessments |
ARTICLE 3. Operation and Maintenance Assessments |
Section 51342.
Latest version.
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The rate of interest on unpaid operation and maintenance assessments is 11/2 percent per month commencing from the date of delinquency unless the board, by resolution, adopts a lesser rate and files a certified copy of the resolution with the county treasurer for insertion in the operation and maintenance assessment roll.
(Amended by Stats. 1990, Ch. 417, Sec. 1.)