BlackletterCalifornia law

Public Utilities Code § 3122

ARTICLE 7. Powers

Current as of September 28, 2026Pub. Util. Code, § 3122Official source ↗Ask about this

Added by Stats. 1987, Ch. 680, Sec. 1.

An association may borrow without limitation as to amount of corporate indebtedness or liability and may make advances to members.