§ 13391
36 words·~1 min read·
/ca/public-utilities-code/13391A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
A district may borrow money and incur indebtedness for the purchasing of electricity; provided, that the maximum principal amount of indebtedness outstanding under this article shall not at any one time exceed twenty-five million dollars ($25,000,000).