Cal. Wat. Code § 81430

Current through the 2023 Legislative Session.
Section 81430 - Issuance of negotiable promissory notes

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).

Ca. Water Code § 81430

Added by Stats 2002 ch 844 (AB 2058),s 1, eff. 1/1/2003.
See Stats 2002 ch 844 (AB 2058), s 2.