Pub. Util. Code, § 16573 · Article 6. Indebtedness and Financing

Pub. Util. Code, § 16573

Verbatim from the official edition

Text — As published in the Legislative Counsel's database, tables dated October 18, 2026 (pubinfo_2025.zip)

No district shall incur any funded indebtedness which in the aggregate exceeds 20 percent of the assessed valuation of all real and personal property situated within the district.

Notes and commentary — not statutory text

History

Added by Stats. 1953, Ch. 72.

Source of truth

Edition: As published in the Legislative Counsel's database, tables dated October 18, 2026 (pubinfo_2025.zip)
Official file: https://leginfo.legislature.ca.gov/faces/codes_displaySection.xhtml?lawCode=PUC&sectionNum=16573.
Text hash: sha256 9b942bf89a66c36bb038e9de2cbd8e788935f3ed074e248858fe7595fbcba9d5
Composed by: compose_ca.py 2026-10-22: the Legislative Counsel's CAML content files read by a tokenizer (caml_readers.reader_a); an independent xml.etree reading (caml_readers.reader_b) agrees on every section

Cited by 3 provisions

Provisions in this library whose text cites Pub. Util. Code, § 16573. Each shows the citation as that text prints it.

Public Utilities Code

Procedural information only. Not legal advice and not a substitute for the advice of an attorney. Confirm the current text with the official publisher before relying on it.