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2025 California Code
Public Utilities Code - PUC
DIVISION 7 - PUBLIC UTILITY DISTRICT ACT
CHAPTER 4 - Powers and Functions of Districts
ARTICLE 6 - Indebtedness and Financing
Section 16573.
Universal Citation:
CA Pub Util Code § 16573 (2025)
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16573. No district shall incur any funded indebtedness which in the aggregate exceeds 20 percent of the assessed valuation of all real and personal property situated within the district.
(Added by Stats. 1953, Ch. 72.)
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