DIVISION 14. CALIFORNIA WATER STORAGE DISTRICT LAW 39000-48401›PART 7. FINANCIAL ORGANIZATION 44400-44963›CHAPTER 5. Revenue Warrants 44950-44963
§ 44952
California Water Code · 2026-09 edition · updated 2026-10-03 · California
Revenue warrants shall bear interest at a rate or rates not exceeding 8 percent per annum, payable annually or semiannually or in part annually and in part semiannually, as the board may prescribe.
(Amended by Stats. 1975, Ch. 130.)
Get a plain-English answer with a citation back to this text.
Ask AI about this code