Water Code § 13430

ARTICLE 2.5. Guarantees for Local Agency Bonds

Current as of September 28, 2026Wat. Code, § 13430Official source ↗

Added by Stats. 1988, Ch. 47, Sec. 1. Effective March 18, 1988.

The state board’s authorization to guarantee bonds under this article shall be limited to bonds with a total principal amount of not more than 10 times the amount in the Clean Water Bond Guarantee Fund at the time the state board determines to extend each guarantee pursuant to Section 13426.