California § 36408.4. 36408.4. (Amended by Stats. 1992, Ch. 1020, Sec. 40.)

California Statutes

§ 36408.4. — 36408.4. (Amended by Stats. 1992, Ch. 1020, Sec. 40.)

California § 36408.4.

JurisdictionCalifornia

Code WATWater Code - WAT

Div. 13.DIVISION 13. CALIFORNIA WATER DISTRICTS

Part 6.PART 6. FINANCIAL PROVISIONS

Ch. 4.5.CHAPTER 4.5. Provisions Relating to Short Term Borrowings

This text of California § 36408.4. (36408.4. (Amended by Stats. 1992, Ch. 1020, Sec. 40.)) is published on Counsel Stack Legal Research, covering California primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Cal. Water Code - WAT Code § 36408.4. (2026).

Text

Warrants or negotiable notes payable at a future date or times may also be issued to obtain funds or property for any lawful purpose of the district; provided, the total amount of the warrants or negotiable notes payable in any one year shall not exceed one-fourth of one (1) percent of the total valuation of the land in the district according to the last equalized assessment roll.

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