Statute · California Public Utilities Code
Cal. Pub. Util. Code § 30704 — Indebtedness
Cal. Pub. Util. Code § 30704
- Type
- Statute
- Source
- California Public Utilities Code
- Jurisdiction
- California
- Current through
- Nov 2, 2026 (California Legislative Counsel)
The district shall not incur an indebtedness which exceeds in the aggregate 15 percent of the assessed value of all real and personal property in the district. Within the meaning of this section, “indebtedness” includes, without limitation, any and all forms thereof which the district is…
Citator
Cal. Pub. Util. Code § 30704 — Indebtedness is in force in the current edition of the Code, and nothing recorded condemns it.
The district shall not incur an indebtedness which exceeds in the aggregate 15 percent of the assessed value of all real and personal property in the district. Within the meaning of this section, “indebtedness” includes, without limitation, any and all forms thereof which the district is authorized to issue by this part or by any other law.