Public Utilities Code section 29150

The district may borrow money, incur a bonded indebtedness in respect thereto, and levy taxes for the payment of principal and interest thereon, in the manner provided in Chapter 7 of this part, but no such bonded debt shall exceed fifteen (15) percent of the assessed valuation of taxable property within the district.

Source: Section 29150, https://leginfo.legislature.ca.gov/faces/codes_displaySection.xhtml?lawCode=PUC§ionNum=29150. (accessed May 4, 2025).

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Last Updated

Apr. 24, 2025

§ 29150’s source at ca.gov

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Location: https://california.public.law/codes/public_utilities_code_section_29150

Original Source: Section 29150, https://leginfo.legislature.ca.gov/faces/codes_displaySection.xhtml?lawCode=PUC§ionNum=29150. (last accessed Apr. 24, 2025).