Home/California/Statutes/Code PUC: Public Utilities Code - PUC/Div. 10.: DIVISION 10. TRANSIT DISTRICTS/Part 3.: PART 3. SOUTHERN CALIFORNIA RAPID TRANSIT DISTRICT/Ch. 5.: CHAPTER 5. Powers and Functions of District/Art. 7.: ARTICLE 7. Indebtedness/§ 30704.
California Statutes

§ 30704. — 30704. (Added by Stats. 1964, 1st Ex. Sess., Ch. 62.)

California § 30704.
JurisdictionCalifornia
Code PUCPublic Utilities Code - PUC
Div. 10.DIVISION 10. TRANSIT DISTRICTS
Part 3.PART 3. SOUTHERN CALIFORNIA RAPID TRANSIT DISTRICT
Ch. 5.CHAPTER 5. Powers and Functions of District
Art. 7.ARTICLE 7. Indebtedness

This text of California § 30704. (30704. (Added by Stats. 1964, 1st Ex. Sess., Ch. 62.)) 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 § 30704. (2026).

Text

The district shall not incur an indebtedness which exceeds in the aggregate 15 percent of the assessed value of all real and personal property in the district. Within the meaning of this section, “indebtedness” includes, without limitation, any and all forms thereof which the district is authorized to issue by this part or by any other law.

Free access — add to your briefcase to read the full text and ask questions with AI

Legislative History

Added by Stats. 1964, 1st Ex. Sess., Ch. 62.
View on official source ↗

Cite This Page — Counsel Stack

Bluebook (online)
California § 30704., Counsel Stack Legal Research, https://law.counselstack.com/statute/ca/PUC/30704..