Statute · California Water Code

Cal. Water Code § 23811 — Revenue Improvement Districts

Cal. Water Code § 23811

Type
Statute
Source
California Water Code
Jurisdiction
California
Current through
Nov 2, 2026 (California Legislative Counsel)

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.

Citator

Cal. Water Code § 23811 — Revenue Improvement Districts is in force in the current edition of the Code, and nothing recorded condemns it.

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.