{"code":"WAT","codeName":"Water Code","section":"78648.8","citation":"Wat. Code, § 78648.8","status":"in-force","lawOn":"2026-09-28","headings":[{"name":"DIVISION 24. SAFE, CLEAN, RELIABLE WATER SUPPLY ACT [78500. - 78702.]","url":"https://blackletter.si/water-code/division-24"},{"name":"CHAPTER 5. Clean Water and Water Recycling Program [78601. - 78650.4.]","url":"https://blackletter.si/water-code/division-24/chapter-5"},{"name":"ARTICLE 6. Seawater Intrusion Control [78648. - 78648.16.]","url":"https://blackletter.si/water-code/division-24/chapter-5/article-6"}],"history":"Added by Stats. 1996, Ch. 135, Sec. 1.   Approved in Proposition 204 at the November 5, 1996, election.","effective":null,"html":"<p>(a) A contract for a loan may not provide for a moratorium on the payment of the principal of, or interest on, the loan.</p><p>(b) Any loan made pursuant to Section <a href=\"/wat/78648.4\">78648.4</a> shall be for a period not to exceed 20 years.</p><p>(c) The board may enter into a contract for a loan up to 100 percent of the total eligible cost of design and construction of an eligible seawater intrusion control project.</p>","text":"(a) A contract for a loan may not provide for a moratorium on the payment of the principal of, or interest on, the loan. (b) Any loan made pursuant to Section 78648.4 shall be for a period not to exceed 20 years. (c) The board may enter into a contract for a loan up to 100 percent of the total eligible cost of design and construction of an eligible seawater intrusion control project.","otherVersions":[],"url":"https://blackletter.si/water-code/seawater-intrusion-control-78648-8","source":"California Legislative Information bulk export (pubinfo)"}