Statute · California Public Utilities Code
Cal. Pub. Util. Code § 16573 — Indebtedness and Financing
Cal. Pub. Util. Code § 16573
- Type
- Statute
- Source
- California Public Utilities Code
- Jurisdiction
- California
- Current through
- Nov 2, 2026 (California Legislative Counsel)
No district shall incur any funded indebtedness which in the aggregate exceeds 20 percent of the assessed valuation of all real and personal property situated within the district.
Citator
Cal. Pub. Util. Code § 16573 — Indebtedness and Financing is in force in the current edition of the Code, and nothing recorded condemns it.
No district shall incur any funded indebtedness which in the aggregate exceeds 20 percent of the assessed valuation of all real and personal property situated within the district.