California § 35474 - The charges to pay revenue bonds and interest thereon shall be fixed by the board
Full text of California Public Contract Code - PCC § 35474 — The charges to pay revenue bonds and interest thereon shall be fixed by the board, with citation guidance and answers to common questions.
§ 35474. The charges to pay revenue bonds and interest thereon shall be fixed by the board
The charges to pay revenue bonds and interest thereon shall be fixed by the board upon a flat rate per acre or connection or on a metered basis or on a combination of a flat rate and metered basis and shall be sufficient to raise the amount specified on the face of the bonds when issued and one yearâs interest thereon unless the district has accumulated a surplus fund in the treasury of the district which is available for the payment of all bonds and interest that will accrue for payment during the current year, in which event the charges may be made so that the aggregate amount to be raised by the sale of water when added to the surplus fund equals the face value of the bonds that will mature within one year and the interest thereon.
Source: official California text · Last verified 2026-08-27
Frequently Asked Questions About California § 35474
What does Public Contract Code - PCC § 35474 cover?
Section 35474 ("The charges to pay revenue bonds and interest thereon shall be fixed by the board") is part of the Public Contract Code - PCC, the codified statutory law of California. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite California § 35474?
A common citation format is "Public Contract Code - PCC § 35474" (California). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of California law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the California official source linked on this page or consult a licensed California attorney.
How does California § 35474 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in California can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in California.