{"code":"WAT","codeName":"Water Code","section":"11772","citation":"Wat. Code, § 11772","status":"in-force","lawOn":"2026-09-28","headings":[{"name":"DIVISION 6. CONSERVATION, DEVELOPMENT, AND UTILIZATION OF STATE WATER RESOURCES [10000. - 12999.]","url":"https://blackletter.si/water-code/division-6"},{"name":"PART 3. CENTRAL VALLEY PROJECT [11100. - 11985.]","url":"https://blackletter.si/water-code/division-6/part-3"},{"name":"CHAPTER 8. Bonds [11700. - 11784.]","url":"https://blackletter.si/water-code/division-6/part-3/chapter-8"},{"name":"ARTICLE 7. Payment of Principal and Interest [11770. - 11772.]","url":"https://blackletter.si/water-code/division-6/part-3/chapter-8/article-7"}],"history":"Added by Stats. 1943, Ch. 370.","effective":null,"html":"<p>All funds transferred for the payment of principal or interest on bonds shall be segregated and applied solely for the payment of the principal and interest.</p>","text":"All funds transferred for the payment of principal or interest on bonds shall be segregated and applied solely for the payment of the principal and interest.","otherVersions":[],"url":"https://blackletter.si/water-code/payment-of-principal-and-interest-11772","source":"California Legislative Information bulk export (pubinfo)"}