ARTICLE 6. Miscellaneous Provisions

Article 6 added by Stats. 1943, Ch. 686.

§§ 22960–22961 · 2 sections

• § 22960 Every district by its board may, in addition to other powers, borrow funds for any lawful purpose at an interest rate not exceeding 5 per cent per year and…
• § 22961 A reserve fund from assessments or other revenues for emergencies, replacements or other lawful purpose of the district may be provided by the board.