GroundRules
WAT § 36408.4
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 4.5. Provisions Relating to Short Term Borrowings [36400. - 36409.]
Warrants or negotiable notes payable at a future date or times may also be issued to obtain funds or property for any lawful purpose of the district; provided, the total amount of the warrants or negotiable notes payable in any one year shall not exceed one-fourth of one (1) percent of the total valuation of the land in the district according to the last equalized assessment roll.
Collected 2026-09-14T05:56:33Z. Source file · JSON