Statute · California Public Utilities Code
Cal. Pub. Util. Code § 29150 — Authorization of General Obligation Bonds
Cal. Pub. Util. Code § 29150
- Type
- Statute
- Source
- California Public Utilities Code
- Jurisdiction
- California
- Current through
- Nov 2, 2026 (California Legislative Counsel)
The district may borrow money, incur a bonded indebtedness in respect thereto, and levy taxes for the payment of principal and interest thereon, in the manner provided in Chapter 7 of this part, but no such bonded debt shall exceed fifteen (15) percent of the assessed valuation of taxable…
Citator
Cal. Pub. Util. Code § 29150 — Authorization of General Obligation Bonds is in force in the current edition of the Code, and nothing recorded condemns it.
The district may borrow money, incur a bonded indebtedness in respect thereto, and levy taxes for the payment of principal and interest thereon, in the manner provided in Chapter 7 of this part, but no such bonded debt shall exceed fifteen (15) percent of the assessed valuation of taxable property within the district.