California Statutes
§ 29150. — 29150. (Added by Stats. 1957, Ch. 1056.)
California·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
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.
Free access — add to your briefcase to read the full text and ask questions with AI
California § 29150. (29150. (Added by Stats. 1957, Ch. 1056.)) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
Added by Stats. 1957, Ch. 1056.