Statute · California Water Code
Cal. Water Code § 23281 — Borrowing from United States
Cal. Water Code § 23281
- Type
- Statute
- Source
- California Water Code
- Jurisdiction
- California
- Current through
- Nov 2, 2026 (California Legislative Counsel)
When the United States has appraised the security underlying the indebtedness of any district or loans any district money to refund any of its indebtedness or to finance any of its operations, the district may in contracting for the loan agree that it will not during the life of the loan levy…
Citator
Cal. Water Code § 23281 — Borrowing from United States is in force in the current edition of the Code, and nothing recorded condemns it.
When the United States has appraised the security underlying the indebtedness of any district or loans any district money to refund any of its indebtedness or to finance any of its operations, the district may in contracting for the loan agree that it will not during the life of the loan levy any assessment for an amount less than required by the contract.