Section 52862 Of Chapter 5. Creation Of Reserve Fund Pursuant To Agreement With The United States From California Water Code >> Division 15. >> Part 8. >> Chapter 5.

. No funds deposited pursuant to subdivision (b) of Section 52859 may be withdrawn except to pay the principal or interests upon any bonds of the district held by Reconstruction Finance Corporation, or its successors in interest, or for repayment to the treasurer of the district for the purposes and uses of the district.