CHAPTER 1. Issuance, Registration and Payment [53000. - 53093.]

Chapter 1 added by Stats. 1951, Ch. 336.

§§ 53000–53093 · 29 sections

1. ARTICLE 1. General Provisions §§ 53000–53004 · 5 sections

   • § 53000 The board may issue warrants drawn on the appropriate funds of the district to pay indebtedness of the district incurred in carrying out the works of…
   • § 53001 The board may draw demand warrants or time warrants, subject to the provisions of this part.
   • § 53002 Demand warrants are warrants, drawn for any purpose, which are payable upon demand.
   • § 53003 Time warrants are warrants, based upon an operation and maintenance assessment, payable at a specified future date expressed in the warrant.
   • § 53004 The date of a warrant is the date inserted as such on the face of the warrant.
2. ARTICLE 2. Demand Warrants §§ 53020–53023 · 4 sections

   • § 53020 Demand warrants may be in substantially the following form: Face No. ________ $ ________ Office of the Board of Trustees of Reclamation District No. _________…
   • § 53021 Demand warrants shall be presented to the county treasurer, and, if not paid on presentation, shall be registered and an endorsement of nonpayment made thereon.
   • § 53022 Demand warrants not paid on presentation shall bear interest from date of registration at the rate adopted by the board, pursuant to Section 53300.
   • § 53023 Demand warrants registered for nonpayment shall be paid by the county treasurer either in the order of registration or in the order agreed to, in writing, by…
3. ARTICLE 3. Time Warrants §§ 53040–53049 · 11 sections

   • § 53040 When the board has filed an operation and maintenance assessment roll in the office of the county treasurer, and has directed an assessment levied against that…
   • § 53041 Time warrants may be in substantially the following form: Face No. ________ $________ Office of the Board of Trustees of Reclamation District No. ____. ______,…
   • § 53042 The time warrants which may be issued to mature in any year shall not exceed the amount of the assessment installment payable in such year, and the principal…
   • § 53042.5 Time warrants may be issued for more than the amount set forth in Section 53042 and with a maturity longer than five years, provided that a special election is…
   • § 53043 No time warrants shall be issued, sold, or disposed of for less than the face amount thereof and accrued interest thereon to date of delivery.
   • § 53044 The proceeds from the issuance and sale of time warrants shall be deposited in the maintenance fund and shall be applicable to the payment of the expenses…
   • § 53045 Time warrants shall be registered with the county treasurer prior to their issuance.
   • § 53046 Time warrants shall be paid upon their due date upon presentation and surrender to the county treasurer.
   • § 53047 If time warrants are not paid by reason of lack of funds, no further registration is required, and they shall continue to bear interest after their due date…
   • § 53048 Time warrants which are not paid on their due date because of lack of funds have priority and shall be paid out of the proceeds of the collection of the…
   • § 53049 The county treasurer, upon the request of the board, shall pay all time warrants before the maturity thereof, providing there are sufficient funds, after…
4. ARTICLE 4. Warrants Drawn on Maintenance Fund §§ 53070–53074 · 5 sections

   • § 53070 A demand warrant on the maintenance fund pursuant to Section 51546 shall designate that it is so drawn and is to be paid therefrom, and is not required to be…
   • § 53071 A demand warrant drawn on the maintenance fund shall be presented to the county treasurer and, if there is insufficient money in the maintenance fund to pay…
   • § 53072 A demand warrant unpaid for want of funds at the time of presentation shall be registered by the county treasurer separately from other warrants of the…
   • § 53073 A demand warrant issued pursuant to this article, shall be paid only from the maintenance fund, and, when registered, either in the order of its registration…
   • § 53074 The provisions of Article 2 of this chapter and Article 2, Chapter 2 of this part relating to the payment or renewal of a demand warrant apply to a warrant…
5. ARTICLE 5. Warrants Drawn on Irrigation Fund §§ 53090–53093 · 4 sections

   • § 53090 A warrant drawn on the irrigation fund shall designate that it shall be paid therefrom, and is not required to be approved by the board of supervisors nor be…
   • § 53091 A warrant drawn on the irrigation fund shall be presented for payment to the county treasurer.
   • § 53092 If there is insufficient money in the irrigation fund to pay a warrant when presented, endorsement of that fact shall be made thereon by the county treasurer,…
   • § 53093 All the provisions of Article 2 of this chapter and Chapter 2, Article 2 of this part relating to the payment or renewal of warrants apply to a warrant drawn…