Recently enacted legislation encourages water users to sell, lease or trade water without losing their appropriative rights, provided that others' rights, the local economy and the ecology are not adversely affected. This report examines the economic feasibility and legal requirements of a hypothetical trade from two San Joaquin Valley irrigation districts to the water districts comprising the Kern County Water Agency.
Assembly Office of Research, "Water Trading: Free Market Benefits for Exporters and Importers" (1985). California Assembly. Paper 3.