California Water Code

§ 81430

WAT § 81430 Effective Jan 1, 2003Div. 31 · Ch. 4 · Art. 2

Statute text

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).

Legislative history

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