California Water Code CHAPTER 4.5 - Provisions Relating to Short Term Borrowings

• Section 36400.
  A district may borrow money and incur indebtedness as provided in this chapter by action of the board and without the necessity of calling and...
• Section 36401.
  Indebtedness may be incurred pursuant to this chapter for any purpose for which the district is authorized to expend funds, including provisions for the payment...
• Section 36402.
  Indebtedness incurred under this chapter shall be evidenced by warrants or negotiable notes of the district payable at stated times fixed by the board and...
• Section 36402.1.
  Except as provided in Section 36407.1, no warrants or negotiable notes issued pursuant to this chapter shall be valid unless their issuance is authorized by...
• Section 36402.2.
  Notice of the election shall be given and the election shall be held and the result determined as nearly as practicable in the manner provided...
• Section 36402.3.
  The proceeds of such warrants or negotiable notes may be used and applied to the purchase or redemption of any outstanding warrants or negotiable notes...
• Section 36403.
  Such warrants shall be issued in the name of the district after the adoption, by a four-fifths vote of all the members of the board,...
• Section 36404.
  The board may, in its resolution authorizing the issuance of such warrants, provide that the warrants shall be subject to call and redemption prior to...
• Section 36405.
  Coupons payable to bearer shall be in a form and signed as prescribed by the board and may be attached to warrants issued under this...
• Section 36406.
  Warrants or negotiable notes issued under this chapter shall be offered for public sale upon notice inviting sealed bids therefor. Such notice shall be given...
• Section 36407.
  Warrants or negotiable notes issued under this chapter and authorized by the voters pursuant to Section 36402.1 shall constitute general obligations of the district for...
• Section 36407.1.
  Warrants or negotiable notes payable in five years or less from the date of issuance may be issued under this section without the approval of...
• Section 36408.4.
  Warrants or negotiable notes payable at a future date or times may also be issued to obtain funds or property for any lawful purpose of...
• Section 36408.5.
  Any warrant or negotiable notes authorized in the preceding section shall draw interest at a rate to be fixed by the board not to exceed...
• Section 36408.6.
  Warrants or negotiable notes of any district may be issued to evidence the indebtedness allowed to be incurred prior to the levy of the first...
• Section 36408.7.
  A district may borrow money in anticipation of the sale of, but not in excess of the principal amount of, authorized bonds of the district...
• Section 36408.8.
  A district may borrow money in anticipation of the sale of, but not in excess of the principal amount of, authorized bonds of an improvement...
• Section 36409.
  The provisions of this chapter shall constitute an addition to all other power of the district to borrow money, incur indebtedness, and issue warrants or...

Last modified: October 22, 2018