There is a newer version of the California Code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 24636
CA Water Code § 24636 (through 2012 Leg Sess) What's This?
All warrants issued pursuant to this article shall be sold by the board in such manner and in such quantities as may be determined by the board in its discretion, but except as otherwise expressly provided in this article, no such warrants shall be sold for less than 95 percent of the par value thereof.
(Added by Stats. 1975, Ch. 9.)
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