{"code":"WAT","codeName":"Water Code","section":"8032","citation":"Wat. Code, § 8032","status":"in-force","lawOn":"2026-09-28","headings":[{"name":"DIVISION 5. FLOOD CONTROL [8000. - 9651.]","url":"https://blackletter.si/water-code/division-5"},{"name":"PART 1. LOCAL FLOOD CONTROL [8000. - 8201.]","url":"https://blackletter.si/water-code/division-5/part-1"},{"name":"CHAPTER 1. Flood Control by Cities [8000. - 8061.]","url":"https://blackletter.si/water-code/division-5/part-1/chapter-1"},{"name":"ARTICLE 4. Bonds [8030. - 8039.]","url":"https://blackletter.si/water-code/division-5/part-1/chapter-1/article-4"}],"history":"Added by Stats. 1943, Ch. 369.","effective":null,"html":"<p>Not less than one-fortieth part of the whole indebtedness evidenced by the whole of the issue of bonds shall be, by the terms of the bonds, made payable each and every year.</p>","text":"Not less than one-fortieth part of the whole indebtedness evidenced by the whole of the issue of bonds shall be, by the terms of the bonds, made payable each and every year.","otherVersions":[],"url":"https://blackletter.si/water-code/bonds-8032","source":"California Legislative Information bulk export (pubinfo)"}