Section 36381 Of Chapter 4.3. Revenue Warrants From California Water Code >> Division 13. >> Part 6. >> Chapter 4.3.
36381
. Revenue warrants shall be secured by all or part of the
revenues received by the district from charges fixed pursuant to
Section 35470 or from any other source other than assessments, and
any such revenues may be pledged to the payment of revenue warrants.
In the resolution authorizing issuance of revenue warrants, the board
may subject such revenues as it specifies to a lien or charge to
secure the payment of the principal of, and the interest on, revenue
warrants, but such warrants shall be not secured by any lien or
charge upon any assessment.