Statute · California Water Code

Cal. Water Code § 55339 — General Powers

Cal. Water Code § 55339

Type
Statute
Source
California Water Code
Jurisdiction
California
Date
2001-01-01
Current through
Nov 2, 2026 (California Legislative Counsel)

A district may contract with any state agency to finance any district improvement if the term of the contract does not exceed 30 years. A contract between the district and a state agency that creates an indebtedness or liability that exceeds the district’s annual revenue shall be repaid with…

Citator

Cal. Water Code § 55339 — General Powers is in force in the current edition of the Code, and nothing recorded condemns it.

A district may contract with any state agency to finance any district improvement if the term of the contract does not exceed 30 years. A contract between the district and a state agency that creates an indebtedness or liability that exceeds the district’s annual revenue shall be repaid with revenue derived from the imposition of standby charges pursuant to Section 55501.5.