Health and Safety Code section 13937

A district shall not incur a bonded indebtedness in excess of 10 percent of the assessed value of all taxable property within the district.

Source: Section 13937, https://leginfo.legislature.ca.gov/faces/codes_displaySection.xhtml?lawCode=HSC§ionNum=13937. (updated Jan. 1, 1987; accessed Sep. 1, 2025).

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Up to date

Verified:
Sep. 1, 2025

§ 13937's source at ca.gov

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Location: https://california.public.law/codes/health_and_safety_code_section_13937

Original Source: Section 13937, https://leginfo.legislature.ca.gov/faces/codes_displaySection.xhtml?lawCode=HSC§ionNum=13937. (last accessed May 12, 2025).