California Law (Last Updated: March 4, 2014) |
Water Code - WAT |
Division 21. WATER CONSERVATION DISTRICTS |
Part 7. IMPROVEMENT DISTRICTS |
Chapter 2. Special Improvement Districts |
ARTICLE 7. Transfer of District Funds |
Section 75168.1.
Latest version.
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Prior to the transfer of any funds authorized by Section 75168, the board shall call an election pursuant to Chapter 3 (commencing with Section 75390) of Part 8 of this division for the purpose of submitting to the voters of the special improvement district the question of incurring an indebtedness and levying a special assessment in the amount of the funds to be transferred for the purpose of repaying such funds.
(Added by Stats. 1966, 1st Ex. Sess., Ch. 34.)