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Cal. Water Code § 52861

Cal. Water Code § 52861

California · California Water Code · Status: effective

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Cal. Water Code § 52861, California, version 1 as recorded 2026-07-25, yourstate.us, https://yourstate.us/provision/944396
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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.