Cal. Pub. Util. Code § 50202

Current through the 2024 Legislative Session.
Section 50202 - Limitation on amount of indebtedness incurred

The district shall not incur an indebtedness under Chapter 7 (commencing with Section 50225) of this part which in the aggregate exceeds two (2) percent of the assessed value of all the real and personal property within the district.

Ca. Pub. Util. Code § 50202

Added by Stats. 1963, Ch. 839.