Statute · California Water Code
Cal. Water Code § 13897.8 — California Safe Drinking Water Bond Law of 1986
Cal. Water Code § 13897.8
- Type
- Statute
- Source
- California Water Code
- Jurisdiction
- California
- Current through
- Nov 2, 2026 (California Legislative Counsel)
Not more than twenty-five million dollars ($25,000,000) of state loans for projects shall be authorized by the department in a single calendar quarter. No contract shall be approved by the department, unless the department finds that the supplier has the capacity to repay the loan amounts…
Citator
Cal. Water Code § 13897.8 — California Safe Drinking Water Bond Law of 1986 is in force in the current edition of the Code, and nothing recorded condemns it.
Not more than twenty-five million dollars ($25,000,000) of state loans for projects shall be authorized by the department in a single calendar quarter. No contract shall be approved by the department, unless the department finds that the supplier has the capacity to repay the loan amounts specified in the contract.
At the request of the department, the Public Utilities Commission shall furnish comments concerning the ability of suppliers subject to its jurisdiction to finance the project from other sources and the ability to repay the loan.