Water Code section 23811

Upon approval by two-thirds of the board, the improvement district warrants shall be made payable over not to exceed a period of 20 years and shall specify a rate of interest fixed at the time of their issuance not exceeding 8 percent per year.

Source: Section 23811, https://leginfo.legislature.ca.gov/faces/codes_displaySection.xhtml?lawCode=WAT§ionNum=23811. (updated Jan. 1, 1991; accessed Dec. 15, 2025).

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Up to date

Verified:
Dec. 15, 2025

§ 23811's source at ca.gov

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Location: https://california.public.law/codes/water_code_section_23811

Original Source: Section 23811, https://leginfo.legislature.ca.gov/faces/codes_displaySection.xhtml?lawCode=WAT§ionNum=23811. (last accessed May 12, 2025).