Cal. Pub. Util. Code § 25842

Current through the 2023 Legislative Session.

Section 25842 - Limitation on amount of indebtedness incurred for public works

No district shall incur an indebtedness for public works which in the aggregate exceeds 20 percent of the assessed value of all the real and personal property within the district.

Ca. Pub. Util. Code § 25842

Added by Stats. 1955, Ch. 1036.