Section 50129 Of Article 3. Public Lands From California Water Code >> Division 15. >> Part 1. >> Chapter 2. >> Article 3.

. No credit shall be given, or agreed to be given, until the landowner has paid all assessments levied on the lands, with interest thereon at the rate of 7 percent per year from date of delinguency, and all judgments therefor in full, less the amount of such credit.