California Public Utilities Code
§ 12842
PUC § 12842Div. 6 · Ch. 6 · Art. 6
Statute text
View on leginfo.ca.govNo 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.
Legislative history
Enacted by Stats. 1951, Ch. 764.