California Legal Codes and Statutes

§ 3122

Added by Stats. 1987, Ch. 680, Sec. 1.

An association may borrow without limitation as to amount of corporate indebtedness or liability and may make advances to members.

Cite this section

Cal. Pub. Util. Code § 3122 (2026)
https://ca.codecond.com/codes/puc/division-1-regulation-of-public-utilities/part-4-production-and-transmission-of-public-utility-commodities-and-services/chapter-1-gas-producers-cooperative-associations/article-7-powers/section-3122

Other sections in Article 7 - Powers

§ 3121§ 3122§ 3123§ 3124§ 3125§ 3126§ 3127§ 3128§ 3130§ 3131

This content is for reference, learning, and study purposes only. All legal text should be verified against the official California Legislative Information website, which is the authoritative source for California law. Data last processed: February 15, 2026.