Water Code § 81430

ARTICLE 2. Financial Matters

Current as of September 28, 2026Wat. Code, § 81430Official source ↗

Added by Stats. 2002, Ch. 844, Sec. 1. Effective January 1, 2003.

The agency may issue negotiable promissory notes to acquire funds for any agency purpose. The notes shall have a term not to exceed five years. The total amount of notes issued pursuant to this section that may be outstanding at any one time may not exceed one million dollars ($1,000,000).