California § 12887.1. 12887.1. (Amended by Stats. 1969, Ch. 68.)

California Statutes

§ 12887.1. — 12887.1. (Amended by Stats. 1969, Ch. 68.)

California·Code WAT Water Code - WAT·Div. 6. DIVISION 6. CONSERVATION, DEVELOPMENT, AND UTILIZATION OF STATE WATER RESOURCES·Part 6. PART 6. WATER DEVELOPMENT PROJECTS·Ch. 5. CHAPTER 5. State Financial Assistance for Local Projects·Art. 8. ARTICLE 8. Powers of Public Agencies

A public agency may borrow money from and repay the same with interest to the state in accordance with this chapter on behalf of the entire public agency or of any portion or portions thereof for which the law applicable to the agency authorizes an indebtedness or liability to be incurred, including any improvement district, distribution district, or zone within the public agency, notwithstanding any debt limitation or other provision in the law applicable to such agency which might otherwise preclude or limit such borrowing.

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A public agency may borrow money from and repay the same with interest to the state in accordance with this chapter on behalf of the entire public agency or of any portion or portions thereof for which the law applicable to the agency authorizes an indebtedness or liability to be incurred, including any improvement district, distribution district, or zone within the public agency, notwithstanding any debt limitation or other provision in the law applicable to such agency which might otherwise preclude or limit such borrowing.

California § 12887.1. (12887.1. (Amended by Stats. 1969, Ch. 68.)) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.