Code Section

Water Code - WAT

DIVISION 14. CALIFORNIA WATER STORAGE DISTRICT LAW [39000 - 48401]

  ( Division 14 added by Stats. 1951, Ch. 391. )
  

PART 6. POWERS AND FUNCTIONS [43000 - 44208]

  ( Part 6 added by Stats. 1951, Ch. 391. )
  

CHAPTER 4. Property [43500 - 43559]

  ( Chapter 4 added by Stats. 1951, Ch. 391. )
  

ARTICLE 1. Acquisition of Property [43500 - 43508]
  ( Article 1 added by Stats. 1951, Ch. 391. )

  
43502.  

No bonds shall be given in payment for property or rights at a valuation less than 90 percent of their face value and accrued interest.

(Added by Stats. 1951, Ch. 391.)