Cal. Pub. Util. Code § 103581

Current through the 2023 Legislative Session.

Section 103581 - Loans to district prior to first receipt of tax revenues

At any time prior to the first receipt by the district of revenues from taxation, the county may lend any available money to the district for the purposes of organization and operation. Such expenditures shall constitute a proper expenditure of county funds. Such loans may bear interest.

Ca. Pub. Util. Code § 103581

Added by Stats. 1974, Ch. 502.