Statute · California Public Utilities Code

Cal. Pub. Util. Code § 29231 — Temporary Borrowing

Cal. Pub. Util. Code § 29231

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

At any time prior to the first receipt by the district of revenues from taxation, the counties within the district may loan any available money to the district for the purposes of organization and operation. Such expenditures shall constitute a proper expenditure of county funds.

Citator

Cal. Pub. Util. Code § 29231 — Temporary Borrowing is in force in the current edition of the Code, and nothing recorded condemns it.

At any time prior to the first receipt by the district of revenues from taxation, the counties within the district may loan any available money to the district for the purposes of organization and operation. Such expenditures shall constitute a proper expenditure of county funds.