{"code":"PUC","codeName":"Public Utilities Code","section":"102603","citation":"Pub. Util. Code, § 102603","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 14. SACRAMENTO REGIONAL TRANSIT DISTRICT [102000. - 102700.]","url":"https://blackletter.si/public-utilities-code/division-10/part-14"},{"name":"CHAPTER 7. Bonds and Other Evidences of Indebtedness [102500. - 102603.]","url":"https://blackletter.si/public-utilities-code/division-10/part-14/chapter-7"},{"name":"ARTICLE 6. Miscellaneous [102600. - 102603.]","url":"https://blackletter.si/public-utilities-code/division-10/part-14/chapter-7/article-6"}],"history":"Added by Stats. 1971, Ch. 1374.","effective":null,"html":"<p>The district shall not incur a total indebtedness under the provisions of this chapter which exceeds 15 percent of the assessed value of all taxable property within the district.</p>","text":"The district shall not incur a total indebtedness under the provisions of this chapter which exceeds 15 percent of the assessed value of all taxable property within the district.","otherVersions":[],"url":"https://blackletter.si/public-utilities-code/miscellaneous-102603","source":"California Legislative Information bulk export (pubinfo)"}