Cal. WAT § 24651
This is the official text of Cal. WAT § 24651, part of California’s Water Code — governs water rights and water resource management.
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Official statutory text
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.
Status: in_force · Read it on the official government site
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