§ 25402. — 25402. (Amended by Stats. 1981, Ch. 477, Sec. 1.)

California § 25402.

• Jurisdiction: California
• Code WAT: Water Code - WAT
• Div. 11.: DIVISION 11. IRRIGATION DISTRICTS
• Part 9.: PART 9. BONDS
• Ch. 4.: CHAPTER 4. Issuance of Bonds Pursuant to the Revenue Bond Law of 1941

Text

For the purposes of this chapter, the term “enterprise,” as used in the Revenue Bond Law of 1941 (Chapter 6 (commencing with Section 54300) of Part 1 of Division 2 of Title 5 of the Government Code), shall be limited to and shall include only those works or property authorized to be acquired, constructed, improved, or financed by an irrigation district pursuant to this division, but shall not include any of the following:
(a)
Works or property for the distribution of electric energy for lighting, heating, and power for public or private uses.
(b)
Works or property already employed in the generation, production, transmission, distribution, sale, or lease of power for public utility purposes, except where the acquisition of those works or property is by mutual agreement between the district and the owner of the property.

Legislative History

Amended by Stats. 1981, Ch. 477, Sec. 1.