Cal. Pub. Util. Code § 13183
Current through the 2023 Legislative Session.
No amount shall be borrowed under the authority of this article which when added to the amount of all other notes or other evidences of indebtedness issued under this article and then outstanding shall exceed 50 percent of the gross operating revenues from the works on account of which it is borrowed during the preceding fiscal year.
Ca. Pub. Util. Code § 13183