Public Utilities Code § 98262

ARTICLE 6. Indebtedness

Current as of September 28, 2026Pub. Util. Code, § 98262Official source ↗Ask about this

Added by Stats. 1967, Ch. 978.

The district shall not incur an indebtedness under Chapter 7 (commencing with Section 98310) of this part which in the aggregate exceeds one (1) percent of the assessed value of all the real and personal property within the district.