California Legal Codes and Statutes

§ 96152

Added by Stats. 1965, Ch. 1835.

The district shall not incur an indebtedness under Chapter 7 (commencing with Section 96400) of this part which in the aggregate exceeds two (2) percent of the assessed value of all the real and personal property within the district.

Cite this section

Cal. Pub. Util. Code § 96152 (2026)
https://ca.codecond.com/codes/puc/division-10-transit-districts/part-9-the-santa-barbara-metropolitan-transit-district/chapter-6-powers-and-functions-of-district/article-6-indebtedness/section-96152

Other sections in Article 6 - Indebtedness

§ 96150§ 96151§ 96152§ 96153

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