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Public Utilities Code § 50202

‹ § 50201§ 50203Open in browserleginfo ↗

50202.

The district shall not incur an indebtedness under Chapter 7 (commencing with Section 50225) of this part which in the aggregate exceeds two (2) percent of the assessed value of all the real and personal property within the district.

(Added by Stats. 1963, Ch. 839.)