California Water Code ARTICLE 6 - Warrants

• Section 8955.
  All money collected from assessments shall be paid out only on warrants issued for works or other expenses covered by the assessment from which the...
• Section 8956.
  Each warrant shall designate the name and number of the assessment from which it is to be paid.(Added by Stats. 1943, Ch. 369.)
• Section 8957.
  Drafts of the board may be presented to the Controller and warrants drawn against the funds to be raised by an assessment as soon as...
• Section 8958.
  In case there are not sufficient funds applicable thereto for the payment of the warrants when presented to the State Treasurer, he shall indorse on...
• Section 8959.
  All such warrants shall be considered as contracts in writing for the payment of money, and the period prescribed for the commencement of an action...
• Section 8960.
  No statute of limitations shall be deemed to have run against any action upon or affecting any warrant drawn against any assessment under this part...
• Section 8961.
  The warrants shall, at any time within the period of four years, be received in payment of any assessment for work or expenses for which...
• Section 8962.
  The board may, at its option, at any time before payment of any warrant renew it upon application of the owner or holder thereof by...
• Section 8963.
  Whenever there is sufficient money in the treasury applicable to the payment of any outstanding warrants of the drainage district, the State Treasurer shall give...
• Section 8964.
  The notice shall be published for 10 days in one newspaper published in the City of Stockton and one published in the City of Sacramento.(Added...
• Section 8965.
  After the last publication of the notice the warrants therein mentioned cease to bear interest.(Added by Stats. 1943, Ch. 369.)
• Section 8966.
  The board shall designate a paper in each of the cities of Stockton and Sacramento which shall be the official papers of the drainage district...
• Section 8967.
  All warrants of the drainage district when received by the board, Department of Finance, the respective county treasurers or any other officer authorized by law...
• Section 8968.
  The Controller upon demand by the board shall cancel the warrants and credit the face value thereof, plus accrued interest thereon to the date of...
• Section 8969.
  The Controller shall notify the State Treasurer of the cancellation and the State Treasurer shall then make the proper entries in his books.(Added by Stats....
• Section 8970.
  Whenever any warrant drawn by the Controller upon the State Treasurer as provided in this chapter has been presented to the State Treasurer and not...
• Section 8971.
  When the State Treasurer pays a warrant he shall, in addition to the amount for which the warrant was drawn, pay the interest accrued thereon...
• Section 8972.
  Whenever any unpaid, outstanding and interest-bearing warrant drawn by the Controller upon the State Treasurer as provided in this chapter is presented to the board...
• Section 8973.
  The sum of the substituted warrants shall equal the principal amount of the original warrant.(Added by Stats. 1943, Ch. 369.)
• Section 8974.
  The Controller shall credit the original warrant to the fund upon which it was originally drawn and shall prepare and issue warrants in accordance with...
• Section 8975.
  When, upon presentation to the State Treasurer, payment can not be made for want of funds the State Treasurer shall register the warrants as of...
• Section 8976.
  The Department of Finance may, out of any funds of the State which it is authorized by law to invest, purchase at their face value...
• Section 8977.
  The Department of Finance may exchange any warrants purchased pursuant to the next preceding section for other warrants drawn against the same assessment, and sell...
• Section 8978.
  All such exchanges or sales of warrants shall be effected without loss to the State.(Added by Stats. 1943, Ch. 369.)
• Section 8979.
  All warrants purchased or acquired by exchange by the Department of Finance shall be registered by the State Treasurer, unless already registered.(Added by Stats. 1943,...
• Section 8980.
  The warrants shall be payable with interest in their proper order of registration, as provided in this part.(Added by Stats. 1943, Ch. 369.)
• Section 8981.
  The warrants shall, unless sold or exchanged, be held by the Department of Finance until paid.(Added by Stats. 1943, Ch. 369.)
• Section 8982.
  Upon payment of the warrants the proceeds thereof shall be returned into the fund out of which the purchase or investment was made.(Added by Stats....

Last modified: October 22, 2018