Water Code section 55339

A district may contract with any state agency to finance any district improvement if the term of the contract does not exceed 30 years. A contract between the district and a state agency that creates an indebtedness or liability that exceeds the district’s annual revenue shall be repaid with revenue derived from the imposition of standby charges pursuant to Section 55501.5.

Source: Section 55339, https://leginfo.legislature.ca.gov/faces/codes_displaySection.xhtml?lawCode=WAT§ionNum=55339. (accessed Apr. 24, 2025).

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Last Updated

Apr. 24, 2025

§ 55339’s source at ca.gov

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Location: https://california.public.law/codes/water_code_section_55339

Original Source: Section 55339, https://leginfo.legislature.ca.gov/faces/codes_displaySection.xhtml?lawCode=WAT§ionNum=55339. (last accessed Apr. 24, 2025).