California Law (Last Updated: March 4, 2014) |
Water Code - WAT |
Division 15. RECLAMATION DISTRICTS |
Part 8. BONDS AND REFUNDING BONDS |
Chapter 2. Bonds |
ARTICLE 5. Cancellation |
Section 52285.
Latest version.
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Calls of assessments pursuant to Section 52284 shall be limited to amounts which will leave uncalled a sufficient portion of the assessment to pay principal and interest on the outstanding bonds.
(Added by Stats. 1951, Ch. 336.)