Home/California/Statutes/Code PUC: Public Utilities Code - PUC/Div. 6.: DIVISION 6. MUNICIPAL UTILITY DISTRICT ACT/Ch. 6.: CHAPTER 6. Powers and Functions of District/Art. 6.: ARTICLE 6. Indebtedness/§ 12843.
California Statutes

§ 12843. — 12843. (Amended by Stats. 1965, Ch. 210.)

California § 12843.
JurisdictionCalifornia
Code PUCPublic Utilities Code - PUC
Div. 6.DIVISION 6. MUNICIPAL UTILITY DISTRICT ACT
Ch. 6.CHAPTER 6. Powers and Functions of District
Art. 6.ARTICLE 6. Indebtedness

This text of California § 12843. (12843. (Amended by Stats. 1965, Ch. 210.)) is published on Counsel Stack Legal Research, covering California primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Cal. Public Utilities Code - PUC Code § 12843. (2026).

Text

Indebtedness which has been incurred for the construction and operation of a public utility, where the revenue from the utility for three years or more next preceding has been sufficient to pay the interest and principal due on any bonds issued for its construction or acquisition, in addition to the cost of operation and maintenance, shall not be counted and included in ascertaining the limit of indebtedness, and any indebtedness incurred for the acquisition, construction or operation of a public utility within any special district shall be excluded in ascertaining the aggregate indebtedness specified in Section 12842.

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Legislative History

Amended by Stats. 1965, Ch. 210.
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California § 12843., Counsel Stack Legal Research, https://law.counselstack.com/statute/ca/PUC/12843..