California Water Code ARTICLE 6 - Funds and Warrants

• Section 9465.
  The money derived from the sale of any of the bonds shall be received by the State Treasurer and placed to the credit of the...
• Section 9466.
  Whenever the drainage district has any money in the bond fund of any assessment which money is not immediately required for the purpose of paying...
• Section 9467.
  The investment may be made by the board by direct purchase of the bonds from time to time and in such manner as it determines...
• Section 9468.
  Any bonds purchased pursuant to the provisions of this article, and held in the bond fund may from time to time be sold and the...
• Section 9469.
  Sales of any bonds purchased and held in the bond fund shall from time to time be made so that the proceeds may be applied...
• Section 9470.
  Any bonds purchased pursuant to the provisions of this article, may be delivered to the State Treasurer for cancellation and the bonds shall thereupon be...
• Section 9471.
  The bond fund of each assessment shall be held by the State Treasurer and shall be applied by him toward the payment of the bonds...
• Section 9472.
  If any balance remains in the bond fund of the assessment after payment in full of the principal and interest of all outstanding bonds issued...
• Section 9473.
  The balance may be distributed by the board to the owners or other persons interested in the lands.(Added by Stats. 1943, Ch. 369.)
• Section 9474.
  The board shall from time to time when necessary, present its written request to the Controller for the issuance of warrants for the purpose of...
• Section 9475.
  The board’s request shall specify the amount of the warrant and the name of the payee thereof and upon receipt of the request the Controller...
• Section 9476.
  The State Treasurer shall pay the warrants or make delivery of the bonds as provided in this part.(Added by Stats. 1943, Ch. 369.)
• Section 9477.
  Warrants issued by the Controller and payable out of the assessment as provided by Part 4 of this division shall be paid by the State...
• Section 9478.
  No warrant issued pursuant to any of the provisions of this part or of Part 4 of this division shall be accepted or received by...

Last modified: October 22, 2018