Statute · California Public Utilities Code
Cal. Pub. Util. Code § 12842 — Indebtedness
Cal. Pub. Util. Code § 12842
- Type
- Statute
- Source
- California Public Utilities Code
- Jurisdiction
- California
- Current through
- Nov 2, 2026 (California Legislative Counsel)
No district shall incur an indebtedness for public works which in the aggregate exceeds 20 percent of the assessed value of all the real and personal property within the district.
Citator
Cal. Pub. Util. Code § 12842 — Indebtedness is in force in the current edition of the Code, and nothing recorded condemns it.
No district shall incur an indebtedness for public works which in the aggregate exceeds 20 percent of the assessed value of all the real and personal property within the district.