2007 California Water Code Chapter 1. Warrants

CA Codes (wat:71800-71801)

71800.  A district may issue warrants to pay the formation expenses
of the district.  The warrants may bear interest at a rate not
exceeding 8 percent per year from the date of issue until funds are
available to pay the warrants.


71801.  Formation expenses may include the fees of attorneys and
others employed to conduct the formation proceedings, but shall not
include the expenses of holding and conducting the formation
election.