Wat. Code, § 12894.5 · Chapter 5.5. Local Agency Bond Payments

Wat. Code, § 12894.5

Verbatim from the official edition

Text — As published in the Legislative Counsel's database, tables dated October 18, 2026 (pubinfo_2025.zip)

Annual payments on the loan, including both principal repayment and interest, shall be in substantially equal amounts over the term of the loan, excluding the initial deferment, if any.

Notes and commentary — not statutory text

History

Added by Stats. 1971, Ch. 1078.

Source of truth

Edition: As published in the Legislative Counsel's database, tables dated October 18, 2026 (pubinfo_2025.zip)
Official file: https://leginfo.legislature.ca.gov/faces/codes_displaySection.xhtml?lawCode=WAT&sectionNum=12894.5.
Text hash: sha256 a25bf4ece02131160ace39119d0db20078dd606637366c29cf4a7cc7df7cd10b
Composed by: compose_ca.py 2026-10-22: the Legislative Counsel's CAML content files read by a tokenizer (caml_readers.reader_a); an independent xml.etree reading (caml_readers.reader_b) agrees on every section

Cited by 1 provision

Provisions in this library whose text cites Wat. Code, § 12894.5. Each shows the citation as that text prints it.

Water Code

Wat. Code, § 12894.3Printed as Sections 12894.4, 12894.5 and 12894.6

Procedural information only. Not legal advice and not a substitute for the advice of an attorney. Confirm the current text with the official publisher before relying on it.