Cal. Water Code - WAT § 44625. Section 44625.
The provisions of this article are applicable only to warrants payable on demand.
ARTICLE 2. Payment [44625. - 44635.]
Cal. Water Code - WAT 2.
in effectCal. Water Code - WAT § 44626. Section 44626.
Whenever any warrant of the district is presented for payment when funds are not available for payment, it shall thereafter draw interest at a rate determined by resolution of the board, not to exceed 7 percent per year, until public notice is given that such funds are available.
Cal. Water Code - WAT § 44627. Section 44627.
Upon the presentation of warrants for payment when funds for payment are not available, the treasurer of the district or of the county, as the case may be, shall endorse on them all of the following:
(a)
“Funds not available for payment.”
(b)
The date of presentation.
(c)
The interest that the warrants shall thereafter bear.
(d)
His signature.
A warrant so registered is a registered warrant.
Cal. Water Code - WAT § 44628. Section 44628.
The treasurer shall keep a record showing all of the following:
(a)
Number and amount of each registered warrant.
(b)
Date of its issuance.
(c)
Person in whose favor it was issued.
(d)
Date of its presentation for payment.
Cal. Water Code - WAT § 44629. Section 44629.
The registered warrant is a contract in writing for the payment of money, and the period prescribed for the commencement of an action based upon the warrant is four years from the date of issuance.
Cal. Water Code - WAT § 44630. Section 44630.
Whenever there is sufficient money in the treasury to pay all outstanding registered warrants or whenever the board orders that all registered warrants presented for payment prior to a certain date be paid and there is sufficient money available for payment, the proper treasurer shall give notice of this.
Cal. Water Code - WAT § 44631. Section 44631.
The notice shall state that the treasurer is prepared to pay all registered warrants or all registered warrants presented for payment prior to the date fixed by the board. No further description of the warrants entitled to payment need be made in the notice.
Cal. Water Code - WAT § 44632. Section 44632.
The notice shall be published once a week for two successive weeks in some newspaper published in the office county.
Cal. Water Code - WAT § 44633. Section 44633.
All warrants designated in the notice shall cease to draw interest at the time of the first publication of the notice.
Cal. Water Code - WAT § 44634. Section 44634.
Upon the presentation of any warrant entitled to payment under the terms of the notice, the treasurer shall pay it together with interest due on it from the date of its original presentation for payment to the date of the first publication of the notice.
Cal. Water Code - WAT § 44635. Section 44635.
The treasurer shall enter all of the following in the record of registered warrants he is required to keep:
(a)
Dates of the payment of all the warrants.
(b)
Names of the persons to whom payments are made.
(c)
Amount paid to each person.
Source: CA Legislative Counsel Bulk DataURL: https://downloads.leginfo.legislature.ca.gov/pubinfo_2025.zipFetched: 6/27/2026