Wat. Code, § 36402.1 · Chapter 4.5. Provisions Relating to Short Term Borrowings
Wat. Code, § 36402.1
Text — As published in the Legislative Counsel's database, tables dated October 18, 2026 (pubinfo_2025.zip)
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 warrants or negotiable notes shall be authorized.
Notes and commentary — not statutory text
History
Amended by Stats. 1976, Ch. 533.
Source of truth
- Edition
- As published in the Legislative Counsel's database, tables dated October 18, 2026 (pubinfo_2025.zip)
- Official file
- https://leginfo.legislature.ca.gov/faces/codes_displaySection.xhtml?lawCode=WAT§ionNum=36402.1.
- Text hash
- sha256 24f23bae871e7e98d323d37bc36c0ba7a9a47da06e4023fe3e230da79fd38103
- Composed by
- compose_ca.py 2026-10-22: the Legislative Counsel's CAML content files read by a tokenizer (caml_readers.reader_a); an independent xml.etree reading (caml_readers.reader_b) agrees on every section
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