The district shall pay interest on all funds borrowed from the county, at the same rate that the county applies to funds of the district on deposit with the county.
Cal. Water Code § 55503.6
General Provisions
Known as the County Waterworks District Law
The act spans §§ 55000–55991 (184 sections).
Amended by Stats. 1971, Ch. 674.
Official source: California Legislative Information. Reproduced from public-domain California statutes; confirm against the official source for the current text. Not legal advice.