§ 9025 Reclamation District Property Transfers
Imagine a reclamation district sells a piece of land to a drainage district for a flood control project. Instead of getting cash, they get a special promise to pay (a warrant) worth $100,000.
Later, the reclamation district might want to swap this warrant for another warrant they already have. If both warrants are worth the same amount (plus any extra interest), they can make the trade.
AI-generated — May contain errors. Not legal advice. Always verify source.
§ 9025 Reclamation District Property Transfers
Last verified: January 23, 2026