Cal. WAT § 9472
This is the official text of Cal. WAT § 9472, part of California’s Water Code — governs water rights and water resource management.
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Official statutory text
If any balance remains in the bond fund of the assessment after payment in full of the principal and interest of all outstanding bonds issued upon the assessment, the balance shall be held for the benefit of the lands upon which the assessment was made and in proportion to the amounts assessed thereon.
Status: in_force · Read it on the official government site
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