{"code":"WAT","codeName":"Water Code","section":"55502","citation":"Wat. Code, § 55502","status":"in-force","lawOn":"2026-09-28","headings":[{"name":"DIVISION 16. COUNTY WATERWORKS DISTRICTS [55000. - 55991.]","url":"https://blackletter.si/water-code/division-16"},{"name":"PART 4. FINANCIAL PROVISIONS [55500. - 55720.]","url":"https://blackletter.si/water-code/division-16/part-4"},{"name":"CHAPTER 1. General Provisions [55500. - 55507.]","url":"https://blackletter.si/water-code/division-16/part-4/chapter-1"}],"history":"Amended by Stats. 1971, Ch. 674.","effective":null,"html":"<p>The receipts from the rates or charges may also be used to reduce the principal or interest of any bonded indebtedness that the waterworks district may have.</p>","text":"The receipts from the rates or charges may also be used to reduce the principal or interest of any bonded indebtedness that the waterworks district may have.","otherVersions":[],"url":"https://blackletter.si/water-code/general-provisions-55502","source":"California Legislative Information bulk export (pubinfo)"}