For purposes of Section 33682, “existing indebtedness” also means an obligation incurred pursuant to a reimbursement agreement made for the purpose of funding an unfunded liability of a fire and police retirement system of a charter city meeting all of the criteria specified in Section 33608. This section shall not be applied retroactively.
Cal. Health & Safety Code § 33682.1
School Finance
Known as the Community Redevelopment Law
The act spans §§ 33000–33855 (601 sections).
Added by Stats. 1993, Ch. 905, Sec. 7
Official source: California Legislative Information. Reproduced from public-domain California statutes; confirm against the official source for the current text. Not legal advice.