{"code":"WAT","codeName":"Water Code","section":"43502","citation":"Wat. Code, § 43502","status":"in-force","lawOn":"2026-09-28","headings":[{"name":"DIVISION 14. CALIFORNIA WATER STORAGE DISTRICT LAW [39000. - 48401.]","url":"https://blackletter.si/water-code/division-14"},{"name":"PART 6. POWERS AND FUNCTIONS [43000. - 44208.]","url":"https://blackletter.si/water-code/division-14/part-6"},{"name":"CHAPTER 4. Property [43500. - 43559.]","url":"https://blackletter.si/water-code/division-14/part-6/chapter-4"},{"name":"ARTICLE 1. Acquisition of Property [43500. - 43508.]","url":"https://blackletter.si/water-code/division-14/part-6/chapter-4/article-1"}],"history":"Added by Stats. 1951, Ch. 391.","effective":null,"html":"<p>No bonds shall be given in payment for property or rights at a valuation less than 90 percent of their face value and accrued interest.</p>","text":"No bonds shall be given in payment for property or rights at a valuation less than 90 percent of their face value and accrued interest.","otherVersions":[],"url":"https://blackletter.si/water-code/acquisition-of-property-43502","source":"California Legislative Information bulk export (pubinfo)"}