California Water Code
§ 24651
WAT § 24651Div. 11 · Part 8 · Ch. 4 · Art. 3
Statute text
View on leginfo.ca.govWhenever any warrant of a district is presented to the treasurer for payment when funds are not available for its payment, it shall thereafter draw interest at a rate determined by resolution of the board but not exceeding 8 percent per year until public notice is given that funds are available for its payment.
Legislative history
Amended by Stats. 1975, Ch. 130.