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

§ 36402

California Water Code · 2018-11 edition · updated 2026-10-04 · California

Indebtedness incurred under this chapter shall be evidenced by warrants or negotiable notes of the district payable at stated times fixed by the board and bearing interest at a rate not exceeding 8 percent per annum, payable annually or semiannually.

(Amended by Stats. 1976, Ch. 533.)

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California Water Code

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