California Statutes
§ 40526. — 40526. (Amended by Stats. 2010, Ch. 699, Sec. 29.3.)
California·Code HSC Health and Safety Code - HSC·Div. 26. DIVISION 26. AIR RESOURCES·Part 3. PART 3. AIR POLLUTION CONTROL DISTRICTS·Ch. 5.5. CHAPTER 5.5. South Coast Air Quality Management District·Art. 8. ARTICLE 8. Financial Provisions
(a)The south coast district board may borrow money and incur indebtedness in anticipation of the revenue for the current year in which the indebtedness is incurred or for the ensuing year. Such indebtedness shall not exceed the total amount of the estimated revenue for either the current year or the ensuing year.
(b)In addition to any other existing authority, the district may borrow money and incur indebtedness pursuant to Article 7.4 (commencing with Section 53835) of Chapter 4 of Part 1 of Division 2 of Title 5 of the Government Code.
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California § 40526. (40526. (Amended by Stats. 2010, Ch. 699, Sec. 29.3.)) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
Amended by Stats. 2010, Ch. 699, Sec. 29.3. (SB 894) Effective January 1, 2011.