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Current as of January 01, 2025 | Updated by Findlaw Staff
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.
Cite this article: FindLaw.com - California Code, Water Code - WAT § 52861 - last updated January 01, 2025 | https://codes.findlaw.com/ca/water-code/wat-sect-52861/
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