California Public Utilities Code ARTICLE 6 - Indebtedness

• Section 96150.
  The district may borrow money for the purpose of defraying the expenses of the district lawfully incurred after the commencement of the fiscal year, but...
• Section 96151.
  The board of directors of a district may, within a period of two years from and after the formation of the district, pursuant to a...
• Section 96152.
  The district shall not incur an indebtedness under Chapter 7 (commencing with Section 96400) of this part which in the aggregate exceeds two (2) percent...
• Section 96153.
  The district may accept, without limitation by any other provisions of this part requiring approval of indebtedness, contributions or loans from the United States, this...

Last modified: October 22, 2018