California Public Utilities Code 101281 – The district shall not incur a total bonded indebtedness which …
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The district shall not incur a total bonded indebtedness which exceeds 5 percent of the assessed value of all the taxable real and personal property within the district.
(Added by Stats. 1971, Ch. 1161.)
Terms Used In California Public Utilities Code 101281
- Personal property: All property that is not real property.