Public Utilities Code § 102603
ARTICLE 6. Miscellaneous
The district shall not incur a total indebtedness under the provisions of this chapter which exceeds 15 percent of the assessed value of all taxable property within the district.
ARTICLE 6. Miscellaneous
The district shall not incur a total indebtedness under the provisions of this chapter which exceeds 15 percent of the assessed value of all taxable property within the district.