California Legal Codes and Statutes

§ 25842

Added by Stats. 1955, Ch. 1036.

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 personal property within the district.

Cite this section

Cal. Pub. Util. Code § 25842 (2026)
https://ca.codecond.com/codes/puc/division-10-transit-districts/part-1-transit-districts-in-counties-of-alameda-or-contra-costa/chapter-6-powers-and-functions-of-district/article-6-indebtedness/section-25842

Other sections in Article 6 - Indebtedness

§ 25841§ 25841.5§ 25842§ 25843§ 25844§ 25845§ 25846§ 25847§ 25848§ 25849

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.