2010 California Code
Public Utilities Code
Article 1. Deposit And Withdrawal Of Funds

101210.  To facilitate the business of the district, the board may
provide for the creation and administration of such funds as the
needs of the district may require and may transfer moneys and credits
from one fund to another as the public interest requires. The board
may provide for the deposit of the moneys of the district in any
depository authorized by law to receive the deposit of public funds.
The moneys so deposited shall be disbursed in accordance with
regulations established by the board, and all payments from any fund
shall be reported to the board.



101211.  Whenever the moneys of the district, or any part thereof,
are deposited in a depositary other than the county treasury, all
withdrawals of funds shall be made by check or warrant of the
district signed by the treasurer of the district. All such
withdrawals in payment of demands against the district shall be paid
in accordance with such regulations as the board shall establish.



101212.  The board may designate the county treasury as the
depositary, and in such case the county treasurer shall have custody
of all, or any portion, of the moneys of the district.



101213.  If the county treasury is designated as the depositary, the
county treasurer shall:
   (a) Receive and receipt for all of the district's moneys received
by him and place it in the county treasury to the credit of the
district.
   (b) Be responsible upon his official bond for the safekeeping and
disbursing of all district moneys and funds so held by him.



101214.  When the county treasury has been designated as the
depositary, the county treasurer shall have the custody of the
district's moneys and funds, and he shall pay out the same, or any
portion thereof, only upon the warrant of the county auditor. The
county auditor shall draw his warrants to pay demands against the
district.



101215.  The board shall examine, settle, and allow all accounts
legally chargeable against the district, and shall order checks or
warrants to be drawn in payment thereof by the treasurer of the
district, or by the warrant of the county auditor upon the county
treasury, as the case may be.



101216.  The board may provide by resolution, under such terms and
conditions as it sees fit, for the payment of demands against the
district without the prior specific approval thereof by the board, if
the demand is for the purpose for which an expenditure has been
previously approved by the board and is in an amount no greater than
the amount so authorized and the demand is approved by the general
manager.