762 chapters · 10,132 sections in this title.
Water Code § 36400 Section 36400
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A district may borrow money and incur indebtedness as provided in this chapter by action of the board and without the necessity of calling and holding an election in the district, except as otherwise provided in Section 36402.1. (Amended by Stats. 1968, Ch. 164.)
Water Code § 36401 Section 36401
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Indebtedness may be incurred pursuant to this chapter for any purpose for which the district is authorized to expend funds, including provisions for the payment of current expenses of the district and for the funding or refunding of any outstanding warrants. (Added by Stats. 1954…
Water Code § 36402 Section 36402
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Indebtedness incurred under this chapter shall be evidenced by warrants or negotiable notes of the district payable at stated times fixed by the board and bearing interest at a rate not exceeding 8 percent per annum, payable annually or semiannually. (Amended by Stats. 1976, Ch. …
Water Code § 36402.1 Section 36402.1
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Except as provided in Section 36407.1, no warrants or negotiable notes issued pursuant to this chapter shall be valid unless their issuance is authorized by a majority of the voters voting at an election called by the board for the purpose of determining whether or not the warran…