BlackletterCalifornia law

Public Utilities Code § 103581

ARTICLE 5. Temporary Borrowing

Current as of September 28, 2026Pub. Util. Code, § 103581Official source ↗

Added by Stats. 1974, Ch. 502.

At any time prior to the first receipt by the district of revenues from taxation, the county may lend any available money to the district for the purposes of organization and operation. Such expenditures shall constitute a proper expenditure of county funds. Such loans may bear interest.