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DIVISION 31.7. SAN FRANCISCO BAY AREA REGIONAL WATER SYSTEM FINANCING AUTHORITY 81600-81674›CHAPTER 4. Powers and Functions of Authority 81645-81662›ARTICLE 2. Financial Matters 81650-81658

§ 81655

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

The authority may issue negotiable promissory notes to acquire funds for any authority purpose. The notes shall have a term not to exceed five years. The total amount of notes issued pursuant to this section that may be outstanding at any one time may not exceed one million dollars ($1,000,000).

(Added by Stats. 2002, Ch. 849, Sec. 1. Effective January 1, 2003.)

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