Cal. Pub. Util. Code § 102603

Current through the 2023 Legislative Session.
Section 102603 - Limitation on amount of indebtedness

The district shall not incur a total indebtedness under the provisions of this chapter which exceeds 15 percent of the assessed value of all taxable property within the district.

Ca. Pub. Util. Code § 102603

Added by Stats. 1971, Ch. 1374.