The board has no power, except as provided in this division as to certificates of indebtedness, notes, special assessments, and the issuance of bonds by the district, to incur any debt or liability whatever in excess of the express provisions of this division. Any debt or liability incurred in excess of such express provisions, except as to certificates of indebtedness, notes, special assessments, and the issuance of bonds, is absolutely void.
Cal. Water Code § 74770
Limitation on Indebtedness
Known as the Water Conservation District Law
The act spans §§ 74000–76501 (513 sections).
Applied in 1 court decision — leading case 250 Cal. App. 2d 320 - Trumbo v. Crestline Lake Arrowhead Water Agency (1967)
Most recently applied in 250 Cal. App. 2d 320 - Trumbo v. Crestline Lake Arrowhead Water Agency (April 1967)
Amended by Stats. 1966, 1st Ex
Official source: California Legislative Information. Reproduced from public-domain California statutes; confirm against the official source for the current text. Not legal advice.