Section 24271 Of Article 2. Settlements And Statements From California Water Code >> Division 11. >> Part 8. >> Chapter 1. >> Article 2.

. The collector shall be credited in his settlement with both:
  (a) The amount due to the district on property he sells to the district for delinquent assessments.
  (b) The amount by which any assessment is canceled or modified by order of the board.