California Public Utilities Code ARTICLE 6 - Indebtedness

• Section 12841.
  A district may borrow money and incur indebtedness, and may issue bonds or other evidences of indebtedness. No indebtedness shall be incurred exceeding the ordinary...
• Section 12842.
  No district shall incur an indebtedness for public works which in the aggregate exceeds 20 percent of the assessed value of all the real and...
• Section 12843.
  Indebtedness which has been incurred for the construction and operation of a public utility, where the revenue from the utility for three years or more...
• Section 12844.
  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...

Last modified: October 22, 2018