Statute · California Public Utilities Code

Cal. Pub. Util. Code § 13183 — Short Term Borrowing

Cal. Pub. Util. Code § 13183

Type
Statute
Source
California Public Utilities Code
Jurisdiction
California
Current through
Nov 2, 2026 (California Legislative Counsel)

No amount shall be borrowed under the authority of this article which when added to the amount of all other notes or other evidences of indebtedness issued under this article and then outstanding shall exceed 50 percent of the gross operating revenues from the works on account of which it is…

Citator

Cal. Pub. Util. Code § 13183 — Short Term Borrowing is in force in the current edition of the Code, and nothing recorded condemns it.

No amount shall be borrowed under the authority of this article which when added to the amount of all other notes or other evidences of indebtedness issued under this article and then outstanding shall exceed 50 percent of the gross operating revenues from the works on account of which it is borrowed during the preceding fiscal year.