Public Utilities Code section 90502

The district shall not incur an indebtedness for public works which in the aggregate exceeds 15 percent of the assessed value of all the real and personal property within the district.

Source: Section 90502, https://leginfo.legislature.ca.gov/faces/codes_displaySection.xhtml?lawCode=PUC§ionNum=90502. (accessed May 4, 2025).

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Last Updated

Apr. 24, 2025

§ 90502’s source at ca.gov

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Location: https://california.public.law/codes/public_utilities_code_section_90502

Original Source: Section 90502, https://leginfo.legislature.ca.gov/faces/codes_displaySection.xhtml?lawCode=PUC§ionNum=90502. (last accessed Apr. 24, 2025).