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.