California Statutes
§ 16573. — 16573. (Added by Stats. 1953, Ch. 72.)
California·Code PUC Public Utilities Code - PUC·Div. 7. DIVISION 7. PUBLIC UTILITY DISTRICT ACT·Ch. 4. CHAPTER 4. Powers and Functions of Districts·Art. 6. ARTICLE 6. Indebtedness and Financing
No district shall incur any funded indebtedness which in the aggregate exceeds 20 percent of the assessed valuation of all real and personal property situated within the district.
Free access — add to your briefcase to read the full text and ask questions with AI
California § 16573. (16573. (Added by Stats. 1953, Ch. 72.)) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
Added by Stats. 1953, Ch. 72.