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California Code, Water Code - WAT § 50659

Current as of January 01, 2025 | Updated by Findlaw Staff

A revolving fund shall be disbursed only by checks or drafts, signed by at least two members of the board, or by some person who is authorized to do so by unanimous vote of the board. No person shall be so authorized untilthe person has filed with the board a bond in the amount required by the board and in no event less than double the amount of the fund. The bond shall be conditioned as security for the safety and proper disbursements of the fund.

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Cite this article: FindLaw.com - California Code, Water Code - WAT § 50659 - last updated January 01, 2025 | https://codes.findlaw.com/ca/water-code/wat-sect-50659/

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