Cal. Pub. Util. Code § 22779

Current through the 2023 Legislative Session.

Section 22779 - Limitation on amount of bonds issued

The total amount of bonds issued shall not exceed 15 percent of the taxable property of the district as shown by the last equalized assessment books of the affected counties.

Ca. Pub. Util. Code § 22779

Added by Stats. 1953, Ch. 151.