California Water Code ARTICLE 2 - Improvement District Warrants

  • Section 23975.
    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 23976.
    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 23977.
    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 23978.
    Coupons for the interest on these warrants may be attached to them.(Added by Stats. 1943, Ch. 372.)
  • Section 23979.
    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 23980.
    Improvement district warrants may be sold by the district for not less than par at either public or private sale.(Added by Stats. 1943, Ch. 372.)
  • Section 23981.
    Any surplus funds and any money held by a district in a sinking or depreciation fund may in the discretion of its board be invested...

Last modified: October 22, 2018