California Health and Safety Code 13937 – A district shall not incur a bonded indebtedness in excess of 10 …
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A district shall not incur a bonded indebtedness in excess of 10 percent of the assessed value of all taxable property within the district.
(Repealed and added by Stats. 1987, Ch. 1013, Sec. 11.)
Terms Used In California Health and Safety Code 13937
- District: means a fire protection district created pursuant to this part or created pursuant to any law which this part supersedes. See California Health and Safety Code 13802