There is hereby created a California Water Resources Development Finance Committee composed of the Governor, the State Treasurer, the State Controller, Director of Finance and Director of Water Resources, all of whom shall serve without compensation, and the majority of whom shall be empowered to act for said committee. The Director of Finance shall provide such assistance, and the Attorney General shall furnish such legal advice, to the California Water Resources Development Finance Committee as it may require.
Cal. Water Code § 12933
Water Resources Development Bonds
Known as the California Water Resources Development Bond Act
The act spans §§ 12930–12944 (18 sections).
Applied in 2 court decisions — leading case 60 Cal. 2d 579 - Warne v. Harkness (1963)
Most recently applied in 60 Cal. 2d 595 - California Water Resources Development Finance Committee v. Betts (December 1963)
Added by Stats. 1959, Ch. 1762.
Official source: California Legislative Information. Reproduced from public-domain California statutes; confirm against the official source for the current text. Not legal advice.