Statute · California Public Utilities Code

Cal. Pub. Util. Code § 16812 — Petition to Acquire Works

Cal. Pub. Util. Code § 16812

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

If the cost of any public utility works named in a petition so far exceeds the revenues of the district derived from the operation of its public utilities, in addition to the other necessary expenses of the district, that it is necessary to incur a district bonded indebtedness, each proposition…

Citator

Cal. Pub. Util. Code § 16812 — Petition to Acquire Works is in force in the current edition of the Code, and nothing recorded condemns it.

If the cost of any public utility works named in a petition so far exceeds the revenues of the district derived from the operation of its public utilities, in addition to the other necessary expenses of the district, that it is necessary to incur a district bonded indebtedness, each proposition shall specify the amount of the necessary bonded indebtedness, its rate of interest, and the question whether such bonded indebtedness shall be incurred.