{"code":"PUC","codeName":"Public Utilities Code","section":"13391","citation":"Pub. Util. Code, § 13391","status":"in-force","lawOn":"2026-09-28","headings":[{"name":"DIVISION 6. MUNICIPAL UTILITY DISTRICT ACT [11501. - 14403.5.]","url":"https://blackletter.si/public-utilities-code/division-6"},{"name":"CHAPTER 7.5. Short-Term Borrowing [13371. - 13392.]","url":"https://blackletter.si/public-utilities-code/division-6/chapter-7.5"},{"name":"ARTICLE 2. Borrowing to Purchase Electricity [13391. - 13392.]","url":"https://blackletter.si/public-utilities-code/division-6/chapter-7.5/article-2"}],"history":"Added by Stats. 1982, Ch. 365, Sec. 2.","effective":null,"html":"<p>A district may borrow money and incur indebtedness for the purchasing of electricity; provided, that the maximum principal amount of indebtedness outstanding under this article shall not at any one time exceed twenty-five million dollars ($25,000,000).</p>","text":"A district may borrow money and incur indebtedness for the purchasing of electricity; provided, that the maximum principal amount of indebtedness outstanding under this article shall not at any one time exceed twenty-five million dollars ($25,000,000).","otherVersions":[],"url":"https://blackletter.si/public-utilities-code/borrowing-to-purchase-electricity-13391","source":"California Legislative Information bulk export (pubinfo)"}