DIVISION 11. IRRIGATION DISTRICTS 20500-29978›PART 7. IMPROVEMENT DISTRICTS IN IRRIGATION DISTRICTS 23600-24103›CHAPTER 2A. Revenue Improvement Districts 23800-23811

§ 23811

California Water Code · 2020-11 edition · updated 2026-10-04 · California

Upon approval by two-thirds of the board, the improvement district warrants shall be made payable over not to exceed a period of 20 years and shall specify a rate of interest fixed at the time of their issuance not exceeding 8 percent per year.

(Amended by Stats. 1991, Ch. 1226, Sec. 31.)

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California Water Code

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