Public Utilities Code section 22779

The total amount of bonds issued shall not exceed 15 percent of the taxable property of the district as shown by the last equalized assessment books of the affected counties.

Source: Section 22779, https://leginfo.legislature.ca.gov/faces/codes_displaySection.xhtml?lawCode=PUC§ionNum=22779. (accessed May 12, 2025).

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Last Updated

May 12, 2025

§ 22779’s source at ca.gov

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Location: https://california.public.law/codes/public_utilities_code_section_22779

Original Source: Section 22779, https://leginfo.legislature.ca.gov/faces/codes_displaySection.xhtml?lawCode=PUC§ionNum=22779. (last accessed May 12, 2025).