BlackletterCalifornia law

Water Code § 52856

CHAPTER 5. Creation of Reserve Fund Pursuant to Agreement With the United States

Current as of September 28, 2026Wat. Code, § 52856Official source ↗

Added by Stats. 1951, Ch. 336.

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.