Water Code - WAT
DIVISION 17. DRAINAGE [56000 - 56130]
( Division 17 added by Stats. 1955, Ch. 1232. ) PART 1. COUNTY DRAINAGE DISTRICTS [56000 - 56130]
( Part 1 added by Stats. 1955, Ch. 1232. ) CHAPTER 6. Bonds [56070 - 56090]
( Chapter 6 added by Stats. 1955, Ch. 1232. ) 56087.
Bonds and the interest thereon shall be paid by revenue derived from an annual tax upon the real property in the district, and all the real property in the district shall be and remain liable to be taxed for such payments. Said bonds and the interest thereon shall not be taxable in this State.
(Added by Stats. 1955, Ch. 1232.)