GroundRules
WAT § 36385
Where this section sits in the code
- Water Code - WAT
- DIVISION 13. CALIFORNIA WATER DISTRICTS [34000. - 38501.]
- PART 6. FINANCIAL PROVISIONS [35900. - 36458.1.]
- CHAPTER 4.3. Revenue Warrants [36380. - 36393.]
Revenue warrants may be sold at either public or private sale upon such terms and conditions as the board may determine. Such warrants may be sold at less than their par or face value, but no revenue warrant may be sold at a price which would yield to the purchaser an average of more than 8 percent per annum, payable semiannually, according to standard tables of bond values.
Collected 2026-09-14T05:56:33Z. Source file · JSON