Water Code - WAT
DIVISION 31.7. SAN FRANCISCO BAY AREA REGIONAL WATER SYSTEM FINANCING AUTHORITY [81600 - 81674]
( Division 31.7 added by Stats. 2002, Ch. 849, Sec. 1. ) CHAPTER 4. Powers and Functions of Authority [81645 - 81662]
( Chapter 4 added by Stats. 2002, Ch. 849, Sec. 1. ) ARTICLE 2. Financial Matters [81650 - 81658]
( Article 2 added by Stats. 2002, Ch. 849, Sec. 1. ) 81655.
The authority may issue negotiable promissory notes to acquire funds for any authority 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).
(Added by Stats. 2002, Ch. 849, Sec. 1. Effective January 1, 2003.)