Section 22879 Of Article 3. Flood Protection From California Water Code >> Division 11. >> Part 5. >> Chapter 5. >> Article 3.
22879
. In addition to the powers conferred by Section 22878 any
district may borrow for flood protection purposes in any one year not
to exceed two hundred thousand dollars ($200,000) at a rate of
interest not exceeding 7 per cent per year.