California Water Code

§ 53048

WAT § 53048Div. 15 · Part 9 · Ch. 1 · Art. 3

Statute text

Time warrants which are not paid on their due date because of lack of funds have priority and shall be paid out of the proceeds of the collection of the operation and maintenance assessment against which they have been issued, in preference to any demand warrants issued and registered after the date of regisration of such time warrants which are payable out of the same assessment.

Legislative history

Added by Stats. 1951, Ch. 336.