Statute · California Water Code

Cal. Water Code § 12887.1 — Powers of Public Agencies

Cal. Water Code § 12887.1

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

A public agency may borrow money from and repay the same with interest to the state in accordance with this chapter on behalf of the entire public agency or of any portion or portions thereof for which the law applicable to the agency authorizes an indebtedness or liability to be incurred,…

Citator

Cal. Water Code § 12887.1 — Powers of Public Agencies is in force in the current edition of the Code, and nothing recorded condemns it.

A public agency may borrow money from and repay the same with interest to the state in accordance with this chapter on behalf of the entire public agency or of any portion or portions thereof for which the law applicable to the agency authorizes an indebtedness or liability to be incurred, including any improvement district, distribution district, or zone within the public agency, notwithstanding any debt limitation or other provision in the law applicable to such agency which might otherwise preclude or limit such borrowing.