DIVISION 15. RECLAMATION DISTRICTS 50000-53901›PART 9. WARRANTS 53000-53342›CHAPTER 1. Issuance, Registration and Payment 53000-53093›ARTICLE 3. Time Warrants 53040-53049
§ 53044
California Water Code · 2020-11 edition · updated 2026-10-04 · California
The proceeds from the issuance and sale of time warrants shall be deposited in the maintenance fund and shall be applicable to the payment of the expenses payable from that fund, or to the payment of outstanding warrants to the same extent as funds collected upon the operation and maintenance assessment levies.
(Added by Stats. 1951, Ch. 336.)
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