There is a newer version of the California Code
2011 California Code
Water Code
DIVISION 11. IRRIGATION DISTRICTS [20500 - 29978]
ARTICLE 2. Warrants Payable at Future Times
Section 24629
CA Water Code § 24629 (through 2012 Leg Sess) What's This?
Any warrant authorized in the preceding sections of this article shall draw interest at a rate to be fixed by the board not to exceed 8 percent per year payable annually or semiannually as the board may prescribe.
(Amended by Stats. 1975, Ch. 130.)
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