WAT § 138.12
Where this section sits in the code
- Water Code - WAT
- DIVISION 1. GENERAL STATE POWERS OVER WATER [100. - 550.]
- CHAPTER 2. State Administration Generally [120. - 190.]
- ARTICLE 1. Department of Water Resources [120. - 148.]
(a) Except as otherwise provided in a general obligation bond act, the maximum amount that may be allocated for administrative expenses shall not exceed 5 percent of the total amount of funds that the department is required to administer and that are derived from a general obligation bond act that is approved on or after January 1, 2007.
(b) The maximum amount that may be allocated for administrative expenses shall not exceed 5 percent of the total amount of funds that result from the sale of revenue bonds by the department.
Collected 2026-09-14T05:56:33Z. Source file · JSON