Water Code § 53300

ARTICLE 1. Interest Rate

Current as of September 28, 2026Wat. Code, § 53300Official source ↗

Amended by Stats. 1983, Ch. 1109, Sec. 7. Effective September 28, 1983.

The board may provide, by resolution entered in its minutes, such rate of interest upon warrants as it deems reasonable, not to exceed 12 percent per year.