California Public Utilities Code

§ 29150

Name: California Superior Court Tentative Rulings
Creator: DecisionDepot
License: https://creativecommons.org/licenses/by-nc/4.0/

PUC § 29150Div. 10 · Part 2 · Ch. 8 · Art. 1

Statute text

View on leginfo.ca.gov

The district may borrow money, incur a bonded indebtedness in respect thereto, and levy taxes for the payment of principal and interest thereon, in the manner provided in Chapter 7 of this part, but no such bonded debt shall exceed fifteen (15) percent of the assessed valuation of taxable property within the district.

Legislative history

Added by Stats. 1957, Ch. 1056.