Statute · California Public Utilities Code

Cal. Pub. Util. Code § 50202 — Indebtedness

Cal. Pub. Util. Code § 50202

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

The district shall not incur an indebtedness under Chapter 7 (commencing with Section 50225) of this part which in the aggregate exceeds two (2) percent of the assessed value of all the real and personal property within the district.

Citator

Cal. Pub. Util. Code § 50202 — Indebtedness is in force in the current edition of the Code, and nothing recorded condemns it.

The district shall not incur an indebtedness under Chapter 7 (commencing with Section 50225) of this part which in the aggregate exceeds two (2) percent of the assessed value of all the real and personal property within the district.