Section 25261 Of Article 3. Allocation Of Revenue To Bond Payment From California Water Code >> Division 11. >> Part 9. >> Chapter 3. >> Article 3.
25261
. The allocation may be for either or both:
(a) Payment of the whole or any part of the principal or interest
or both of any bonds payable solely from revenue.
(b) As additional security for the payment of the whole or any
part of the principal or interest or both of any bonds payable from
assessments.