DIVISION 14. CALIFORNIA WATER STORAGE DISTRICT LAW 39000-48401›PART 7. FINANCIAL ORGANIZATION 44400-44963›CHAPTER 4. Warrants Payable at Future Times 44900-44910

§ 44908

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

If any district owns any property which it is authorized to lease or sell, its board may in the contract providing for the issuance of warrants payable at a future time, agree that the proceeds of the lease or sale of the property, not required by law to be used for other purposes, shall be allocated to the payment of these warrants.

(Added by Stats. 1961, Ch. 1367.)

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California Water Code

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