Water Code section 24651

Whenever any warrant of a district is presented to the treasurer for payment when funds are not available for its payment, it shall thereafter draw interest at a rate determined by resolution of the board but not exceeding 8 percent per year until public notice is given that funds are available for its payment.

Source: Section 24651, https://leginfo.­legislature.­ca.­gov/faces/codes_displaySection.­xhtml?lawCode=WAT§ionNum=24651.­ (updated Jan. 1, 1975; accessed Jun. 30, 2025).

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Verified:
Jun. 30, 2025

§ 24651's source at ca​.gov