CHAPTER 1. General Financial Provisions
Chapter 1 added by Stats. 1949, Ch. 274.
§§ 31300–31339 · 20 sections
ARTICLE 1. In General §§ 31300–31310 · 12 sections
- § 31300 A district may borrow money, incur indebtedness, and issue bonds or other evidences of the indebtedness, and may refund or retire any indebtedness or lien…
- § 31301 The district may issue warrants to pay its formation expenses bearing interest at 6 percent per year from date of issue until funds are available to pay the…
- § 31302 The auditor shall draw warrants to pay demands made against the district when the demands have been approved or authorized by the board, or at least three…
- § 31303 Any money belonging to a district may be deposited or invested and drawn out as provided in Article 2 (commencing with Section 53630) of Chapter 4 of Part 1 of…
- § 31304 The district, or the district on behalf of an improvement district thereof, may issue negotiable promissory notes which shall be payable from general taxes,…
- § 31304.5 A district may contract with any state agency to finance any district improvement authorized by this division that is related to the provision of water for…
- § 31305 The board may designate the county treasurer the depositary to have the custody of all, or a portion of, the district’s money.
- § 31306 If designated as depositary the county treasurer shall: (a) Receive and receipt for all of the district’s money received by him and place it in the county…
- § 31307 When the county treasurer has been designated the depositary to have custody of district money, he shall pay out that money, or any portion thereof, only upon…
- § 31308 The county auditor shall draw warrants to pay demands made against the district when the demands have been approved by at least three members of the board and…
- § 31309 The county treasurer shall report in writing on the first day of July, October, January, and March of each year to the board with respect to each of the…
- § 31310 The board of supervisors of the county shall determine the charge to be made against the district for any services of either or both of: (a) The county…
ARTICLE 2. Settlements and Statements §§ 31320–31322 · 3 sections
- § 31320 On Monday in each week the collector shall do both of the following: (a) Settle with the secretary for all money collected for taxes during the week next…
- § 31321 The collector shall be credited in his settlement with the secretary with the amount due to the district on property he sells to the district for delinquent…
- § 31322 Within seven days after he settles with the secretary, the collector shall file in the district office with the secretary a statement under oath, showing: (a)…
ARTICLE 3. Investments §§ 31335–31339 · 5 sections
- § 31335 As used in this article “surplus money” means any money in any sinking fund established for the purpose of payment of any bonded or other indebtedness or any…
- § 31336 A district may invest such surplus money, as its board deems wise or expedient in any of the following: (a) Bonds issued by the district. (b) Bonds issued by…
- § 31337 The investment may be made by purchase of the bonds or registered warrants or part thereof at the original sale or by purchase after they have been thus issued.
- § 31338 Any bonds or registered warrants purchased pursuant to this article and held may, from time to time, be sold and the proceeds reinvested pursuant to this…
- § 31339 Sales of bonds or registered warrants purchased pursuant to this article and held shall be made in season so that the proceeds may be applied to the purposes…