A district may contract with any state agency to finance any district improvement authorized by Section 16461 that is related to the provision of water for human consumption. The terms of the contract shall be consistent with this chapter. Notwithstanding any other provision in this chapter, the term of the contract may extend up to 30 years.
Cal. Pub. Util. Code § 16580
Indebtedness and Financing
Known as the The Public Utility District Act
The act spans §§ 15501–18055 (309 sections).
Added by Stats. 2001, Ch. 606, 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.