{"code":"WAT","codeName":"Water Code","section":"52856","citation":"Wat. Code, § 52856","status":"in-force","lawOn":"2026-09-28","headings":[{"name":"DIVISION 15. RECLAMATION DISTRICTS [50000. - 53901.]","url":"https://blackletter.si/water-code/division-15"},{"name":"PART 8. BONDS AND REFUNDING BONDS [52100. - 52862.]","url":"https://blackletter.si/water-code/division-15/part-8"},{"name":"CHAPTER 5. Creation of Reserve Fund Pursuant to Agreement With the United States [52850. - 52862.]","url":"https://blackletter.si/water-code/division-15/part-8/chapter-5"}],"history":"Added by Stats. 1951, Ch. 336.","effective":null,"html":"<p>No call for the purpose of creating a reserve fund shall be made until the United States, or department or agency thereof, has accepted 50 percent or more of the refunding bonds proposed to be issued under the plan.</p>","text":"No call for the purpose of creating a reserve fund shall be made until the United States, or department or agency thereof, has accepted 50 percent or more of the refunding bonds proposed to be issued under the plan.","otherVersions":[],"url":"https://blackletter.si/water-code/creation-of-reserve-fund-pursuant-to-agreement-with-the-52856","source":"California Legislative Information bulk export (pubinfo)"}