DIVISION 15. RECLAMATION DISTRICTS 50000-53901›PART 9. WARRANTS 53000-53342›CHAPTER 3. Miscellaneous Provisions 53300-53342›ARTICLE 1. Interest Rate 53300-53300
§ 53300
California Water Code · 2018-11 edition · updated 2026-10-04 · California
The board may provide, by resolution entered in its minutes, such rate of interest upon warrants as it deems reasonable, not to exceed 12 percent per year.
(Amended by Stats. 1983, Ch. 1109, Sec. 7. Effective September 28, 1983.)
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