Water Code - WAT
DIVISION 11. IRRIGATION DISTRICTS [20500 - 29978]
( Division 11 added by Stats. 1943, Ch. 372. ) PART 9. BONDS [24950 - 25402]
( Part 9 added by Stats. 1943, Ch. 372. ) CHAPTER 3. General Bond Provisions [25200 - 25354]
( Chapter 3 added by Stats. 1943, Ch. 372. ) ARTICLE 2. Payment Solely from Revenue [25240 - 25245]
( Article 2 added by Stats. 1943, Ch. 372. ) 25245.
If any board provides that the principal, interest, or both of any bonds or any portion of the principal, interest, or both shall be payable solely from designated revenue, neither the district nor any officer thereof shall be held for payment otherwise.
(Amended by Stats. 1991, Ch. 1226, Sec. 58.)