Section 8976 Of Article 6. Warrants From California Water Code >> Division 5. >> Part 4. >> Chapter 7. >> Article 6.

. The Department of Finance may, out of any funds of the State which it is authorized by law to invest, purchase at their face value and invest in any warrants of the drainage district drawn by the Controller as provided in this part and payable out of any assessment levied or to be levied by the board upon lands within the drainage district.