{"code":"PUC","codeName":"Public Utilities Code","section":"101281","citation":"Pub. Util. Code, § 101281","status":"in-force","lawOn":"2026-09-28","headings":[{"name":"DIVISION 10. TRANSIT DISTRICTS [24501. - 107025.]","url":"https://blackletter.si/public-utilities-code/division-10"},{"name":"PART 13. GOLDEN EMPIRE TRANSIT DISTRICT [101000. - 101372.]","url":"https://blackletter.si/public-utilities-code/division-10/part-13"},{"name":"CHAPTER 8. Bonds [101280. - 101336.]","url":"https://blackletter.si/public-utilities-code/division-10/part-13/chapter-8"},{"name":"ARTICLE 1. Issuance [101280. - 101298.]","url":"https://blackletter.si/public-utilities-code/division-10/part-13/chapter-8/article-1"}],"history":"Added by Stats. 1971, Ch. 1161.","effective":null,"html":"<p>The district shall not incur a total bonded indebtedness which exceeds 5 percent of the assessed value of all the taxable real and personal property within the district.</p>","text":"The district shall not incur a total bonded indebtedness which exceeds 5 percent of the assessed value of all the taxable real and personal property within the district.","otherVersions":[],"url":"https://blackletter.si/public-utilities-code/issuance-101281","source":"California Legislative Information bulk export (pubinfo)"}