{"code":"WAT","codeName":"Water Code","section":"24251","citation":"Wat. Code, § 24251","status":"in-force","lawOn":"2026-09-28","headings":[{"name":"DIVISION 11. IRRIGATION DISTRICTS [20500. - 29978.]","url":"https://blackletter.si/water-code/division-11"},{"name":"PART 8. FINANCIAL ORGANIZATION [24250. - 24771.]","url":"https://blackletter.si/water-code/division-11/part-8"},{"name":"CHAPTER 1. General Financial Provisions [24250. - 24275.]","url":"https://blackletter.si/water-code/division-11/part-8/chapter-1"},{"name":"ARTICLE 1. Creation of Liabilities [24250. - 24253.]","url":"https://blackletter.si/water-code/division-11/part-8/chapter-1/article-1"}],"history":"Added by Stats. 1943, Ch. 372.","effective":null,"html":"<p>For the purposes of formation or for any other of its purposes a district may, before the levying of the first assessment, incur indebtedness in a total amount not to exceed two thousand dollars, ($2,000) or, if the district contains more than 4,000 acres, one-half as many dollars as there are acres of land in the district.</p>","text":"For the purposes of formation or for any other of its purposes a district may, before the levying of the first assessment, incur indebtedness in a total amount not to exceed two thousand dollars, ($2,000) or, if the district contains more than 4,000 acres, one-half as many dollars as there are acres of land in the district.","otherVersions":[],"url":"https://blackletter.si/water-code/creation-of-liabilities-24251","source":"California Legislative Information bulk export (pubinfo)"}