Public Utilities Code section 13183

No amount shall be borrowed under the authority of this article which when added to the amount of all other notes or other evidences of indebtedness issued under this article and then outstanding shall exceed 50 percent of the gross operating revenues from the works on account of which it is borrowed during the preceding fiscal year.

Source: Section 13183, https://leginfo.legislature.ca.gov/faces/codes_displaySection.xhtml?lawCode=PUC§ionNum=13183. (updated Jan. 1, 1957; accessed Dec. 1, 2025).

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Dec. 1, 2025

§ 13183's source at ca.gov

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Location: https://california.public.law/codes/public_utilities_code_section_13183

Original Source: Section 13183, https://leginfo.legislature.ca.gov/faces/codes_displaySection.xhtml?lawCode=PUC§ionNum=13183. (last accessed May 12, 2025).