California Public Utilities Code ARTICLE 6 - Indebtedness and Financing

• Section 16571.
  A district may borrow money and incur or assume indebtedness, and issue bonds or other evidences of indebtedness.(Added by Stats. 1953, Ch. 72.)
• Section 16572.
  A district may refund or retire any of its existing or assumed indebtedness.(Added by Stats. 1953, Ch. 72.)
• Section 16573.
  No district shall incur any funded indebtedness which in the aggregate exceeds 20 percent of the assessed valuation of all real and personal property situated...
• Section 16574.
  The board of directors or other officers of the district may not incur any debt or liability, either by issuing bonds or otherwise, in excess...
• Section 16575.
  A district may issue bonds for the purpose of acquiring or constructing any waterworks necessary or proper for carrying out the objects and purposes of...
• Section 16576.
  Notwithstanding any provision of this division limiting the amount of indebtedness which may be incurred by it, in order to repair and replace structures and...
• Section 16577.
  A district may refinance any indebtedness incurred pursuant to Section 16576 by borrowing from the United States or any of its agencies and issuing in...
• Section 16578.
  A district may accept, without limitation by any other provisions of this division requiring approval of indebtedness, contributions or loans from the United States, or...
• Section 16580.
  A district may contract with any state agency to finance any district improvement authorized by Section 16461 that is related to the provision of water...

Last modified: October 22, 2018