Water Code - WAT
DIVISION 15. RECLAMATION DISTRICTS [50000 - 53901]
( Division 15 added by Stats. 1951, Ch. 336. ) PART 8. BONDS AND REFUNDING BONDS [52100 - 52862]
( Part 8 added by Stats. 1951, Ch. 336. ) CHAPTER 5. Creation of Reserve Fund Pursuant to Agreement With the United States [52850 - 52862]
( Chapter 5 added by Stats. 1951, Ch. 336. ) 52862.
No funds deposited pursuant to subdivision (b) of Section 52859 may be withdrawn except to pay the principal or interests upon any bonds of the district held by Reconstruction Finance Corporation, or its successors in interest, or for repayment to the treasurer of the district for the purposes and uses of the district.
(Added by Stats. 1951, Ch. 336.)