BlackletterCalifornia law

Water Code § 12894.5

CHAPTER 5.5. Local Agency Bond Payments

Current as of September 28, 2026Wat. Code, § 12894.5Official source ↗

Added by Stats. 1971, Ch. 1078.

Annual payments on the loan, including both principal repayment and interest, shall be in substantially equal amounts over the term of the loan, excluding the initial deferment, if any.