California Water Code
§ 44626
WAT § 44626Div. 14 · Part 7 · Ch. 2 · Art. 2
Statute text
View on leginfo.ca.govWhenever any warrant of the district is presented for payment when funds are not available for payment, it shall thereafter draw interest at a rate determined by resolution of the board, not to exceed 7 percent per year, until public notice is given that such funds are available.
Legislative history
Added by Stats. 1951, Ch. 391.