California Water Code

§ 45900

WAT § 45900 Effective Jan 1, 1993Div. 14 · Part 8 · Ch. 7 · Art. 1

Statute text

For the purpose of financing a district project or government contract which has been approved by the voters of the district, the board of directors may, by a two-thirds vote of its members, issue written obligations which may be denominated notes, certificates of indebtedness or warrants. The term “direct assessment warrants,” as used in this chapter, means such obligations, howsoever denominated.

Legislative history

Amended by Stats. 1992, Ch. 1020, Sec. 97. Effective January 1, 1993.