CHAPTER 4. Warrants Payable at Future Times

Chapter 4 added by Stats. 1961, Ch. 1367.

§§ 44900–44910 · 11 sections

• § 44900 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…
• § 44901 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…
• § 44902 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…
• § 44903 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…
• § 44904 Warrants payable at a future time or times may also be issued to obtain funds or property for any lawful purpose of the district.
• § 44905 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 6 percent per year…
• § 44906 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.
• § 44907 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…
• § 44908 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…
• § 44909 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…
• § 44910 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…