Statute · California Health and Safety Code

Cal. Health & Safety Code § 40370 — Financial Provisions

Cal. Health & Safety Code § 40370

Type
Statute
Source
California Health and Safety Code
Jurisdiction
California
Current through
Nov 2, 2026 (California Legislative Counsel)

A regional district may borrow money and incur indebtedness in anticipation of the revenue for the current year in which the indebtedness is incurred or for the ensuing year. Such indebtedness shall not exceed the total amount of the estimate of the tax income for either the current year or the…

Citator

Cal. Health & Safety Code § 40370 — Financial Provisions is in force in the current edition of the Code, and nothing recorded condemns it.

A regional district may borrow money and incur indebtedness in anticipation of the revenue for the current year in which the indebtedness is incurred or for the ensuing year. Such indebtedness shall not exceed the total amount of the estimate of the tax income for either the current year or the ensuing year.