California Statutes
§ 79142.2. — 79142.2. (Added by Stats. 1999, Ch. 725, Sec. 1.)
California·Code WAT Water Code - WAT·Div. 26. DIVISION 26. SAFE DRINKING WATER, CLEAN WATER, WATERSHED PROTECTION, AND FLOOD PROTECTION ACT·Ch. 7. CHAPTER 7. Clean Water and Water Recycling Program·Art. 4. ARTICLE 4. Water Recycling Program
(a)A contract for a loan made pursuant to this article may not provide for a moratorium on, or the deferment of, the payment of the principal of, or interest on, the loan.
(b)Any loan made pursuant to Section 79141 shall be for a period not to exceed 20 years.
(c)The board may enter into a contract for a loan that equals up to 100 percent of
the total eligible cost of design and construction of an eligible recycling project.
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California § 79142.2. (79142.2. (Added by Stats. 1999, Ch. 725, Sec. 1.)) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
Added by Stats. 1999, Ch. 725, Sec. 1. Approved in Proposition 13 at the March 7, 2000, election.