2011 California Code
Water Code
DIVISION 14. CALIFORNIA WATER STORAGE DISTRICT LAW [39000 - 48401]
ARTICLE 1. Project and Government Contract Warrants
Section 45900
For the purpose of financing a district project or government contract which has been approved by the voters of the district, the board of directors may, by a two-thirds vote of its members, issue written obligations which may be denominated notes, certificates of indebtedness or warrants. The term direct assessment warrants, as used in this chapter, means such obligations, howsoever denominated.
(Amended by Stats. 1992, Ch. 1020, Sec. 97. Effective January 1, 1993.)
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