California Statutes
§ 24252.1. — 24252.1. (Added by Stats. 2002, Ch. 846, Sec. 1.)
California·Code WAT Water Code - WAT·Div. 11. DIVISION 11. IRRIGATION DISTRICTS·Part 8. PART 8. FINANCIAL ORGANIZATION·Ch. 1. CHAPTER 1. General Financial Provisions·Art. 1. ARTICLE 1. Creation of Liabilities
A district may enter into any forward contract, or futures contract, or put, call, or swap agreement, or similar procurement method for electricity, natural gas, or coal, or any weather, fuel, or energy risk management contract determined to be in the best interests of the district by the board of directors of the district for any of the uses or purposes of the district and by those contracts or agreements to bind the district for the payment of the consideration specified therein.
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California § 24252.1. (24252.1. (Added by Stats. 2002, Ch. 846, Sec. 1.)) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
Added by Stats. 2002, Ch. 846, Sec. 1. Effective January 1, 2003.