A district may issue warrants payable in not to exceed two years from their date, to pay the formation expenses of the district, which warrants may bear interest at a rate of not exceeding 6 percent per annum from date of issue until paid, which formation expenses may include fees of attorneys and others employed to conduct formation proceedings.
Cal. Harb. & Nav. Code § 7171
General
Known as the Small Craft Harbor District Law
The act spans §§ 7000 to 7340 (136 sections).
Added by Stats. 1959, Ch. 1598.
Official source: California Legislative Information. Reproduced from public-domain California statutes; confirm against the official source for the current text. Not legal advice.