California Public Resources Code ARTICLE 5 - Improvement District Warrants
- Section 9881.
A district may issue improvement district warrants signed by its president and secretary in face amount not exceeding in the aggregate the cost of the...
- Section 9882.
Improvement district warrants shall be made payable in amounts and at the times corresponding substantially to the amounts and times of payment of the installments...
- Section 9883.
Improvement district warrants shall bear interest at the rate fixed at the time of the levy of the improvement district assessment, and the interest may...
- Section 9884.
Coupons for the interest on these warrants may be attached to them.(Repealed and added by Stats. 1975, Ch. 513.)
- Section 9885.
Improvement district warrants may be made payable to any of the following:(a) Bearer.(b) Persons furnishing work, labor, or material.(c) The contractor if the work of improvement is to...
- Section 9886.
Improvement district warrants may be sold by the district for not less than par at either public or private sale.(Repealed and added by Stats. 1975,...
- Section 9887.
Any surplus funds and any money held by a district in a sinking or depreciation fund may in the discretion of its directors be invested...
- Section 9888.
Except as otherwise provided by law, the cost of constructing, acquiring, or improving works of an improvement district shall be paid only out of the...
- Section 9889.
Improvement district warrants shall be paid only out of the proceeds of an improvement district assessment levied upon and collected from the real property within...
- Section 9890.
Improvement district warrants or their proceeds shall be used solely for making the improvements for which the improvement district was formed and the necessary incidental...
Last modified: October 22, 2018