California Water Code CHAPTER 5 - Revenue Warrants

• Section 44950.
  A district may issue revenue warrants pursuant to this chapter to obtain funds for any lawful purpose of the district, including the repayment of indebtedness...
• Section 44951.
  Revenue warrants shall be secured by all or part of the revenues received by the district from tolls or charges levied pursuant to Section 43006...
• Section 44952.
  Revenue warrants shall bear interest at a rate or rates not exceeding 8 percent per annum, payable annually or semiannually or in part annually and...
• Section 44953.
  Revenue warrants shall mature at such time or times as the board may prescribe, but not more than five years from the date of issuance.(Added...
• Section 44954.
  Revenue warrants may be made subject to redemption prior to their fixed maturity date upon such terms, conditions and notice, and at such times and...
• Section 44955.
  Revenue warrants may be sold at either public or private sale upon such terms and conditions as the board may determine. Such warrants may be...
• Section 44957.
  The board may determine the form and denomination of revenue warrants, the manner of their execution, their registration and exchange privileges and the place or...
• Section 44958.
  The board, in a resolution authorizing the issuance of revenue warrants, may provide for special funds for the deposit and application of the proceeds of...
• Section 44959.
  The board, in a resolution authorizing the issuance of revenue warrants, may covenant to operate and maintain the facilities producing the revenues pledged for the...
• Section 44960.
  The board, in a resolution authorizing the issuance of revenue warrants, may provide for paying the interest on the revenue warrants for a period of...
• Section 44961.
  Except as otherwise provided in any resolution authorizing the issuance of revenue warrants, the holder of any revenue warrant may by mandamus or other appropriate...
• Section 44962.
  Revenue warrants shall not be issued under this chapter by any district in any one fiscal year in excess of one million dollars ($1,000,000).(Added by...
• Section 44963.
  Notwithstanding the provisions of Sections 44953 and 44962, revenue warrants may be issued prior to August 1, 1978, pursuant to this chapter for a term...

Last modified: October 22, 2018