Section 51522 Of Article 2. Original And Additional Assessments From California Water Code >> Division 15. >> Part 7. >> Chapter 3. >> Article 2.
51522
. All money, including interest and penalties, derived by sale
or otherwise, from original and additional assessments shall be
placed by the county treasurer of the principal county to the credit
of the general fund of the district or, if bonds of the district have
been issued upon the assessment and remain unpaid and provision has
not been made for the payment thereof, shall be deposited in a
separate fund for the sole purpose of paying the principal and
interest of the bonds and the expenses of the county treasurer.