Home/California/Statutes/Code PUC: Public Utilities Code - PUC/Div. 10.: DIVISION 10. TRANSIT DISTRICTS/Part 2.: PART 2. SAN FRANCISCO BAY AREA RAPID TRANSIT DISTRICT/Ch. 8.: CHAPTER 8. Bonds and Other Evidences of Indebtedness/Art. 1.: ARTICLE 1. Authorization of General Obligation Bonds/§ 29150.
California Statutes

§ 29150. — 29150. (Added by Stats. 1957, Ch. 1056.)

California § 29150.
JurisdictionCalifornia
Code PUCPublic Utilities Code - PUC
Div. 10.DIVISION 10. TRANSIT DISTRICTS
Part 2.PART 2. SAN FRANCISCO BAY AREA RAPID TRANSIT DISTRICT
Ch. 8.CHAPTER 8. Bonds and Other Evidences of Indebtedness
Art. 1.ARTICLE 1. Authorization of General Obligation Bonds

This text of California § 29150. (29150. (Added by Stats. 1957, Ch. 1056.)) 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 § 29150. (2026).

Text

The district may borrow money, incur a bonded indebtedness in respect thereto, and levy taxes for the payment of principal and interest thereon, in the manner provided in Chapter 7 of this part, but no such bonded debt shall exceed fifteen (15) percent of the assessed valuation of taxable property within the district.

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Legislative History

Added by Stats. 1957, Ch. 1056.
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California § 29150., Counsel Stack Legal Research, https://law.counselstack.com/statute/ca/PUC/29150..