Statute · California Water Code

Cal. Water Code § 79149.8 — Seawater Intrusion Control

Cal. Water Code § 79149.8

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 § 79149.8 — Seawater Intrusion Control 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 79149.4 shall be for a period not to exceed 20 years.

(c) The board may enter into a contract for a loan amount that equals up to 100 percent of the total eligible cost of design and construction of an eligible seawater intrusion control project.