Statute · California Water Code
Cal. Water Code § 36402 — Provisions Relating to Short Term Borrowings
Cal. Water Code § 36402
- Type
- Statute
- Source
- California Water Code
- Jurisdiction
- California
- Current through
- Nov 2, 2026 (California Legislative Counsel)
Indebtedness incurred under this chapter shall be evidenced by warrants or negotiable notes of the district payable at stated times fixed by the board and bearing interest at a rate not exceeding 8 percent per annum, payable annually or semiannually.
Citator
Cal. Water Code § 36402 — Provisions Relating to Short Term Borrowings is in force in the current edition of the Code, and nothing recorded condemns it.
Indebtedness incurred under this chapter shall be evidenced by warrants or negotiable notes of the district payable at stated times fixed by the board and bearing interest at a rate not exceeding 8 percent per annum, payable annually or semiannually.