California Law (Last Updated: March 4, 2014) |
Water Code - WAT |
Division 15. RECLAMATION DISTRICTS |
Part 9. WARRANTS |
Chapter 2. Cancellation and Reissuance |
ARTICLE 2. Mandatory |
Section 53225.
Latest version.
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A demand warrant not paid or presented for reissuance within four years after its date, or a time warrant not paid within four years after its maturity may, upon the demand of the holder, be extended one or more times until repayment or reissuance, for a like period of four years from the date of each extension, upon presentation to the board, such extension being endorsed thereon by the board.
(Added by Stats. 1951, Ch. 336.)