Statute · California Public Utilities Code

Cal. Pub. Util. Code § 13391 — Borrowing to Purchase Electricity

Cal. Pub. Util. Code § 13391

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

A district may borrow money and incur indebtedness for the purchasing of electricity; provided, that the maximum principal amount of indebtedness outstanding under this article shall not at any one time exceed twenty-five million dollars ($25,000,000).

Citator

Cal. Pub. Util. Code § 13391 — Borrowing to Purchase Electricity is in force in the current edition of the Code, and nothing recorded condemns it.

A district may borrow money and incur indebtedness for the purchasing of electricity; provided, that the maximum principal amount of indebtedness outstanding under this article shall not at any one time exceed twenty-five million dollars ($25,000,000).