California Statutes
§ 13391. — 13391. (Added by Stats. 1982, Ch. 365, Sec. 2.)
California·Code PUC Public Utilities Code - PUC·Div. 6. DIVISION 6. MUNICIPAL UTILITY DISTRICT ACT·Ch. 7.5. CHAPTER 7.5. Short-Term Borrowing·Art. 2. ARTICLE 2. Borrowing to Purchase Electricity
A district may borrow money and incur indebtedness for the purchasing of electricity; provided, that the maximum principal amount of indebtedness outstanding under this article shall not at any one time exceed twenty-five million dollars ($25,000,000).
Free access — add to your briefcase to read the full text and ask questions with AI
California § 13391. (13391. (Added by Stats. 1982, Ch. 365, Sec. 2.)) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
Added by Stats. 1982, Ch. 365, Sec. 2.