Water Code § 36412

CHAPTER 4.9. Alternative Provisions for the Formation of Improvement Districts and the Issuance of Bonds Therefor

Current as of September 28, 2026Wat. Code, § 36412Official source ↗

Amended by Stats. 1980, Ch. 6, Sec. 14. Effective February 4, 1980.

Bonds and warrants of a district for an improvement district may be issued for any purpose for which bonds and warrants of the district may be issued; provided, that the carrying out of such purpose shall benefit the lands within such improvement district. Such bonds or warrants may be either general obligation bonds or warrants or revenue bonds.