The state board’s authorization to guarantee bonds under this article shall be limited to bonds with a total principal amount of not more than 10 times the amount in the Clean Water Bond Guarantee Fund at the time the state board determines to extend each guarantee pursuant to Section 13426.
Cal. Water Code § 13430
Guarantees for Local Agency Bonds
Known as the Porter-Cologne Water Quality Control Act
The act spans §§ 13000–16201 (413 sections).
Added by Stats. 1988, Ch. 47, Sec. 1
Official source: California Legislative Information. Reproduced from public-domain California statutes; confirm against the official source for the current text. Not legal advice.