Water Code § 81430

ARTICLE 2. Financial Matters

Current as of September 28, 2026Wat. Code, § 81430Official source ↗Ask about this

Added by Stats. 2002, Ch. 844, Sec. 1. Effective January 1, 2003.

The agency may issue negotiable promissory notes to acquire funds for any agency purpose. The notes shall have a term not to exceed five years. The total amount of notes issued pursuant to this section that may be outstanding at any one time may not exceed one million dollars ($1,000,000).