The contracts may be made for any period not exceeding the time when the principal and interest of all bonds of the enterprise have been paid in full.
Cal. Gov. Code § 54733
Contracts of Sanitation or Sewerage Enterprises
Applied in 1 court decision — leading case City of Agoura Hills v. Local Agency Formation Commission (1988)
Most recently applied in City of Agoura Hills v. Local Agency Formation Commission (February 1988)
Added by Stats. 1970, Ch. 1249.
Official source: California Legislative Information. Reproduced from public-domain California statutes; confirm against the official source for the current text. Not legal advice.