California Law (Last Updated: March 4, 2014) |
Water Code - WAT |
Division 11. IRRIGATION DISTRICTS |
Part 7. IMPROVEMENT DISTRICTS IN IRRIGATION DISTRICTS |
Chapter 2A. Revenue Improvement Districts |
Section 23810.
Latest version.
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Except as provided in Section 23811, the improvement district warrants shall be made payable over not to exceed a period of 10 years and shall specify a rate of interest fixed at the time of their issuance not exceeding 8 percent per year.
(Amended by Stats. 1975, Ch. 130.)