Section 46380 Of Article 10. Interim Project Assessments From California Water Code >> Division 14. >> Part 9. >> Chapter 2. >> Article 10.
46380
. If the amount of the interim project assessment or
assessments credited with respect to any tract of land pursuant to
Section 46379 exceeds the amount of the original assessment to
finance the project with respect to said tract, said excess shall be
credited against said interim project assessment or assessments,
which, to that extent, shall cease to be a lien with respect to said
tract. If the amount theretofore collected by the district on the
interim project assessment or assessments with respect to any tract
of land exceeds the amount of the original assessment with respect to
said tract, such excess shall be a claim against and debt of the
district, and the district shall issue a warrant in the amount of
said excess to the then holder of title to said tract.