California Water Code CHAPTER 1 - Funds and Warrants

• Section 35900.
  The treasurer shall receive to the credit of the district and in trust for its use and benefit all the money belonging to the district.(Added...
• Section 35901.
  All money belonging to the district, or to which the district is entitled, shall, when received, be paid by the person receiving it to the...
• Section 35902.
  The treasurer shall establish for the district a general obligation bond fund and a general fund and shall apportion the district money to the funds...
• Section 35903.
  The money placed in the general obligation bond fund shall be used for the payment of bonds and of the interest thereon and until the...
• Section 35903.5.
  (a) Notwithstanding the provisions of Section 35903, any amount in the general obligation bond fund in excess of the amount needed to pay principal and interest...
• Section 35904.
  Any money belonging to a district may be deposited by the treasurer pursuant to the general laws governing the deposit of public money.(Added by Stats....
• Section 35905.
  Where the deposit of money is insured by the Federal Deposit Insurance Corporation no additional security need be required from the bank for the portion...
• Section 35906.
  Except for the payment of bonds and the interest thereon district money shall not be paid out by the treasurer unless a warrant therefor has...
• Section 35907.
  Warrants are contracts in writing for the payment of money and an action based on warrants payable on demand shall be commenced within four years...
• Section 35908.
  In any proceeding for a writ of mandate to compel the board to issue a warrant, the court shall proceed as in other civil actions...
• Section 35909.
  The board of directors may provide for a bond reserve fund for the purpose of payment of the principal of or interest on bonds of...
• Section 35910.
  All or any portion of a bond reserve fund may be established out of the proceeds of the sale of said bonds. In such case...
• Section 35911.
  The resolution providing for the issuance of bonds may provide for a bond reserve fund to be established, in whole or in part, from water...
• Section 35912.
  Notwithstanding any other provision of law, the Irvine Ranch Water District may invest or reinvest its capital facilities replacement funds in real estate and interests...

Last modified: October 22, 2018