California § 13868.7. 13868.7. (Added by Stats. 1975, Ch. 1008.)

California Statutes

§ 13868.7. — 13868.7. (Added by Stats. 1975, Ch. 1008.)

California § 13868.7.

Code WATWater Code - WAT

Div. 7.DIVISION 7. WATER QUALITY

Ch. 10.5.CHAPTER 10.5. California Safe Drinking Water Bond Law of 1976

This text of California § 13868.7. (13868.7. (Added by Stats. 1975, Ch. 1008.)) 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 § 13868.7. (2026).

Text

No more than twenty million dollars ($20,000,000) of state loans for projects shall be authorized by the department in a single calendar quarter. No contract shall be approved by the department unless the department finds that the supplier has the capacity to repay the loan amounts specified in the contract.
The Public Utilities Commission shall furnish comments at the request of the department concerning the ability of suppliers subject to their jurisdiction to finance the project from other sources and the ability to repay the loan.

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No more than twenty million dollars ($20,000,000) of state loans for projects shall be authorized by the department in a single calendar quarter. No contract shall be approved by the department unless the department finds that the supplier has the capacity to repay the loan amounts specified in the contract.
The Public Utilities Commission shall furnish comments at the request of the department concerning the ability of suppliers subject to their jurisdiction to finance the project from other sources and the ability to repay the loan.