California Legal Codes and Statutes

§ 16573

Added by Stats. 1953, Ch. 72.

No district shall incur any funded indebtedness which in the aggregate exceeds 20 percent of the assessed valuation of all real and personal property situated within the district.

Cite this section

Cal. Pub. Util. Code § 16573 (2026)
https://ca.codecond.com/codes/puc/division-7-public-utility-district-act/chapter-4-powers-and-functions-of-districts/article-6-indebtedness-and-financing/section-16573

Other sections in Article 6 - Indebtedness and Financing

§ 16571§ 16572§ 16573§ 16574§ 16575§ 16576§ 16577§ 16578§ 16580

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