California Public Contract Code

§ 20191

PCC § 20191Div. 2 · Part 3 · Ch. 1 · Art. 5

Statute text

Any district operating utility works may accept, without limitation by any other provisions of this division requiring approval of indebtedness, loans from any person, firm, or corporation for the purpose of financing the construction of office buildings, warehouses, and garages for the district, and the acquisition of sites therefor, with appurtenances necessary or convenient thereto. The evidence of the district’s indebtedness shall constitute a negotiable instrument. As used in this section, “construction” includes the meaning of “reconstruction,” “repair,” “improve,” “remodeling,” “rehabilitation,’ ’ and “completion.”

Legislative history

Added by Stats. 1982, Ch. 465, Sec. 11.