§ 45900
61 words·~1 min read·
/ca/water-code/45900A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
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.