Statute · California Water Code
Cal. Water Code § 78624 — Water Recycling Program
Cal. Water Code § 78624
- Type
- Statute
- Source
- California Water Code
- Jurisdiction
- California
- Current through
- Nov 2, 2026 (California Legislative Counsel)
(a) A contract for a loan may not provide for a moratorium on the payment of the principal of, or interest on, the loan.
Citator
Cal. Water Code § 78624 — Water Recycling Program is in force in the current edition of the Code, and nothing recorded condemns it.
(a) A contract for a loan may not provide for a moratorium on the payment of the principal of, or interest on, the loan.
(b) Any loan made pursuant to Section 78622 shall be for a period not to exceed 20 years.
(c) The board may enter into a contract for a loan of up to 100 percent of the total eligible cost of design and construction of an eligible recycling project.