Public Utilities Code § 11892

ARTICLE 4. Powers and Duties of Directors

Current as of September 28, 2026Pub. Util. Code, § 11892Official source ↗

Amended by Stats. 1981, Ch. 162, Sec. 1.

To facilitate the business of the district, the board may provide for the creation and administration of revolving funds as the needs of the district may require. The aggregate amount of the revolving funds shall not exceed one hundred thousand dollars ($100,000). The revolving funds shall be disbursed in accordance with rules established by the board, and all payments from any revolving fund shall be reported to the board and vouchers filed therefor.