Section 44901 Of Chapter 4. Warrants Payable At Future Times From California Water Code >> Division 14. >> Part 7. >> Chapter 4.

. When a particular purpose or emergency assessment has been authorized, warrants in an amount equal to the amount of the assessment may be issued on order of the board to carry out the purpose for which the assessment was authorized. These warrants shall be made payable at the time or times that the board estimates that they can be paid from the proceeds of the assessment.