Section 51560 Of Article 4. Installments Called To Pay Bonds From California Water Code >> Division 15. >> Part 7. >> Chapter 3. >> Article 4.

. The installment of an assessment called to pay principal or interest on bonds pursuant to Section 51420 may be paid in cash or in bonds of the district, or their interest coupons, issued upon the assessment, which are matured or will mature within 90 days from the date of the calling of the installment, or part in cash and part in bonds or coupons.