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.