California Statutes
§ 13412. — 13412. (Amended by Stats. 1986, Ch. 978, Sec. 1.)
California § 13412.
JurisdictionCalifornia
Code WATWater Code - WAT
Div. 7.DIVISION 7. WATER QUALITY
Ch. 6.CHAPTER 6. State Financial Assistance
Art. 2.ARTICLE 2. Loans to Local Agencies
This text of California § 13412. (13412. (Amended by Stats. 1986, Ch. 978, Sec. 1.)) 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. Water Code - WAT Code § 13412. (2026).
Text
No loan shall be made to a public agency unless it executes an agreement with the state board under which it agrees to repay the amount of the loan, with interest, within 25 years at 50 percent of the average interest rate paid by the state on general obligation bonds sold in the calendar year immediately preceding the year in which the loan agreement is executed.
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Legislative History
Amended by Stats. 1986, Ch. 978, Sec. 1.
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Bluebook (online)
California § 13412., Counsel Stack Legal Research, https://law.counselstack.com/statute/ca/WAT/13412..