§ 36402
40 words·~1 min read·
/ca/water-code/36402A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
Indebtedness incurred under this chapter shall be evidenced by warrants or negotiable notes of the district payable at stated times fixed by the board and bearing interest at a rate not exceeding 8 percent per annum, payable annually or semiannually.