§ 44626
48 words·~1 min read·
/ca/water-code/44626A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
Whenever any warrant of the district is presented for payment when funds are not available for payment, it shall thereafter draw interest at a rate determined by resolution of the board, not to exceed 7 percent per year, until public notice is given that such funds are available.