§ 55339

Added by Stats. 2000, Ch. 722, Sec. 1. Effective January 1, 2001.

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.

This content is for reference, learning, and study purposes only. All legal text should be verified against the official California Legislative Information website, which is the authoritative source for California law. Data last processed: February 9, 2026.