California Legal Codes and Statutes

§ 40526

Amended by Stats. 2010, Ch. 699, Sec. 29.3. (SB 894) Effective January 1, 2011.
(a)The south coast district board may borrow money and incur indebtedness in anticipation of the revenue for the current year in which the indebtedness is incurred or for the ensuing year. Such indebtedness shall not exceed the total amount of the estimated revenue for either the current year or the ensuing year.
(b)In addition to any other existing authority, the district may borrow money and incur indebtedness pursuant to Article 7.4 (commencing with Section 53835) of Chapter 4 of Part 1 of Division 2 of Title 5 of the Government Code.

Cite this section

Cal. Health & Saf. Code § 40526 (2026)
https://ca.codecond.com/codes/hsc/division-26-air-resources/part-3-air-pollution-control-districts/chapter-5-5-south-coast-air-quality-management-district/article-8-financial-provisions/section-40526

Other sections in Article 8 - Financial Provisions

§ 40520§ 40521§ 40522§ 40522.5§ 40522.7§ 40523§ 40526§ 40527§ 40528§ 40529…§ 40531§ 40532§ 40533§ 40534§ 40535§ 40536§ 40537§ 40538§ 40539§ 40540

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