ARTICLE 2. Warrants Payable at Future Times [24625. - 24636.]
Article 2 added by Stats. 1943, Ch. 372.
§§ 24625–24636 · 12 sections
- § 24625 If any contract or lease for the acquisition of property provides for any future payments by the district, warrants may be issued, on order of the board, for…
- § 24626 When a particular purpose or emergency assessment has been authorized, warrants in an amount equal to the amount of the assessment may be issued on order of…
- § 24627 Any outstanding registered warrants and their accrued interest may be refunded by the issuance of warrants payable at stated times fixed by the board. These…
- § 24628 Warrants payable at a future time or times may be issued in consideration of money loaned to the district for the purchase of any of its outstanding bonds or…
- § 24628.5 Warrants payable at a future time or times may also be issued to obtain funds or property for any lawful purpose of the district.
- § 24629 Any warrant authorized in the preceding sections of this article shall draw interest at a rate to be fixed by the board not to exceed 8 percent per year…
- § 24630 Coupons payable to bearer in a form and signed as prescribed by the board may be attached to warrants payable at a future date to evidence their interest.
- § 24631 Warrants of any district may be issued to evidence the indebtedness allowed to be incurred prior to the levy of the first district assessment, bearing interest…
- § 24632 If any district owns any property which it is authorized to lease or sell, its board may in the contract providing for the issuance of warrants payable at a…
- § 24633 No warrants issued pursuant to this article made payable more than five years from the date of issuance shall be valid unless their issuance is authorized by a…
- § 24634 Notice of the election shall be given and the election shall be held and the result determined as nearly as practicable in the manner provided for bond…
- § 24636 All warrants issued pursuant to this article shall be sold by the board in such manner and in such quantities as may be determined by the board in its…