Code Section

Water Code - WAT

DIVISION 14. CALIFORNIA WATER STORAGE DISTRICT LAW [39000 - 48401]

  ( Division 14 added by Stats. 1951, Ch. 391. )
  

PART 7. FINANCIAL ORGANIZATION [44400 - 44963]

  ( Part 7 added by Stats. 1951, Ch. 391. )
  

CHAPTER 4. Warrants Payable at Future Times [44900 - 44910]
  ( Chapter 4 added by Stats. 1961, Ch. 1367. )

  
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 payable annually or semiannually as the board may prescribe.

(Added by Stats. 1961, Ch. 1367.)