California Legal Codes and Statutes

§ 102603

Added by Stats. 1971, Ch. 1374.

The district shall not incur a total indebtedness under the provisions of this chapter which exceeds 15 percent of the assessed value of all taxable property within the district.

Cite this section

Cal. Pub. Util. Code § 102603 (2026)
https://ca.codecond.com/codes/puc/division-10-transit-districts/part-14-sacramento-regional-transit-district/chapter-7-bonds-and-other-evidences-of-indebtedness/article-6-miscellaneous/section-102603

Other sections in Article 6 - Miscellaneous

§ 102600§ 102601§ 102602§ 102603

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