DIVISION 14. CALIFORNIA WATER STORAGE DISTRICT LAW 39000-48401›PART 8. BONDS 45100-45932›CHAPTER 7. Direct Assessment Warrants 45900-45932›ARTICLE 1. Project and Government Contract Warrants 45900-45907
§ 45900
California Water Code · 2018-11 edition · updated 2026-10-04 · California
For the purpose of financing a district project or government contract which has been approved by the voters of the district, the board of directors may, by a two-thirds vote of its members, issue written obligations which may be denominated notes, certificates of indebtedness or warrants. The term “direct assessment warrants,” as used in this chapter, means such obligations, howsoever denominated.
(Amended by Stats. 1992, Ch. 1020, Sec. 97. Effective January 1, 1993.)
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