Cal. Gov. Code § 25256

Current through the 2023 Legislative Session.
Section 25256 - Limitation on debts or liabilities

Except as permitted by the Constitution, the board shall not for any purpose contract debts or liabilities which exceed in any fiscal year the income and revenue provided for that year.

Any debts or liabilities contracted and any allowances made contrary to this section are void. The auditor shall not draw nor shall the treasurer pay any warrant therefor.

Ca. Gov. Code § 25256

Added by Stats. 1947, Ch. 424.