California Public Resources Code 5544 – A district may borrow money, incur indebtedness, and issue bonds or …
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A district may borrow money, incur indebtedness, and issue bonds or other evidences of such indebtedness, but it shall not incur any funded indebtedness except in accordance with the provisions of section 5568 of this article.
(Added by Stats. 1939, Ch. 94.)
Terms Used In California Public Resources Code 5544
- District: as used in this article , means any regional park district, regional park and open-space district, or regional open-space district formed pursuant to this article. See California Public Resources Code 5500