Section 71311 Of Article 2. Powers And Duties From California Water Code >> Division 20. >> Part 3. >> Chapter 2. >> Article 2.

. The board shall designate a depository or depositories to have the custody of the funds of the district. All such depositories shall give security sufficient to secure the district against possible loss and shall pay the warrants drawn by the treasurer for demands against the district under such rules as the directors may prescribe.