California Water Code 51233 – Money collected on assessments levied pursuant to Section 51231 shall …
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Money collected on assessments levied pursuant to Section 51231 shall be paid out for reclamation works upon the warrants of the board of trustees, approved by the board of supervisors, or, if bonds of the district have been issued upon the assessment, shall be deposited in a separate fund for the sole purpose of paying principal and interest on the bonds.
(Added by Stats. 1951, Ch. 336.)