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2020 California Code
Water Code - WAT
DIVISION 11 - IRRIGATION DISTRICTS
PART 8 - FINANCIAL ORGANIZATION
CHAPTER 4 - Warrants
ARTICLE 3 - Registration of Warrants
Section 24651.
Universal Citation: CA Water Code § 24651 (2020)
24651.
Whenever any warrant of a district is presented to the treasurer for payment when funds are not available for its payment, it shall thereafter draw interest at a rate determined by resolution of the board but not exceeding 8 percent per year until public notice is given that funds are available for its payment.
(Amended by Stats. 1975, Ch. 130.)
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