Out of the bond fund of the assessment the State Treasurer shall, on presentation at or after its maturity, pay the holder of each bond or interest coupon which has been sold or which has been issued and delivered upon an order of the board payable in bonds as provided in this part.

(Added by Stats. 1943, Ch. 369.)

Terms Used In California Water Code 9459

  • State: means the State of California, unless applied to the different parts of the United States. See California Water Code 18