Section 9542 Of Article 1. Notice And Sale From California Water Code >> Division 5. >> Part 5. >> Chapter 7. >> Article 1.

. The bond fund of the assessment shall be credited with the amount of purchase money paid in bonds or coupons on delinquent sales, and of all sums indorsed as paid upon account of purchase money on any bonds or coupons, specifying the same, a statement of which shall be furnished by the county treasurer to the State Treasurer.