Cal. Wat. Code § 1550 : CALIFORNIA WATER CODE — WATER — APPROPRIATION OF WATER — WATER RIGHT FEES — WATER RIGHTS FUND — Water Rights Fund TEXT PDF There is in the State Treasury a Water Rights Fund, which is hereby established. Ca. Water Code § 1550 Added by Stats 2003 ch 741 (SB 1049),s 85, eff. 1/1/2004.