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Wat. Code, § 52861 · Chapter 5. Creation of Reserve Fund Pursuant to Agreement With the United States

Wat. Code, § 52861

Verbatim from the official edition

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

No purchase of bonds shall be made pursuant to subdivision (a) of Section 52859 unless the unpaid principal amount of the assessment securing such bonds is in excess of the principal amount of outstanding and authorized bonds secured by such assessment.

Notes and commentary — not statutory text

History

Added by Stats. 1951, Ch. 336.

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=52861.
Text hash
sha256 7b2d8fd49d95d85022ac5946a6246d32912f85aaeacdcf8495aa6f379a24d2eb
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

This section cites

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