§ 11453 Bond Revenue Collection Continuation

Water Code·California

AI SummaryVerified

This law says that money collected from rates and charges must keep being used to pay off bonds until all bonds are fully paid.

Key Takeaways

•Money from rates and charges must be used to pay off bonds.
•This continues until all bonds are fully paid.
•It ensures that the money collected is used for its intended purpose.

Example

A city issues bonds to build a new park and collects fees from residents to pay for it.

The city must keep collecting these fees until all the bonds for the park are completely paid off.

AI-generated — May contain errors. Not legal advice. Always verify source.

Official Source

View on CA.gov

§ 11453 Bond Revenue Collection Continuation

The collection of rates, charges, and revenues shall be continued as provided in this part until all bonds issued are fully redeemed and paid. (Added by Stats. 1943, Ch. 370.)

Last verified: January 11, 2026

Key Terms

rates charges revenues bonds redeemed and paid

References

Official text at leginfo.legislature.ca.gov
California Legislature. Water Code. Section 11453.

Key Takeaways

Example

Key Terms

Related Statutes

References

Key Takeaways

Example

Key Terms

Related Statutes

References