GroundRules
WAT § 36408.6
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 of any district may be issued to evidence the indebtedness allowed to be incurred prior to the levy of the first district assessment, bearing interest fixed by the board at not more than eight (8) percent per year. These warrants or negotiable notes shall be made payable on a date not later than the first day of July next after the first annual assessment in the district is levied.
Collected 2026-09-14T05:56:33Z. Source file · JSON