Health and Safety Code - HSC
DIVISION 26. AIR RESOURCES [39000 - 44475.3]
( Division 26 repealed and added by Stats. 1975, Ch. 957. ) PART 3. AIR POLLUTION CONTROL DISTRICTS [40000 - 41357]
( Part 3 added by Stats. 1975, Ch. 957. ) CHAPTER 5. Regional Air Pollution Control Districts [40300 - 40392]
( Chapter 5 added by Stats. 1975, Ch. 957. ) ARTICLE 5. Financial Provisions [40370 - 40377]
( Article 5 added by Stats. 1975, Ch. 957. ) 40370.
A regional district may borrow money and incur indebtedness in anticipation of the revenue for the current year in which the indebtedness is incurred or for the ensuing year. Such indebtedness shall not exceed the total amount of the estimate of the tax income for either the current year or the ensuing year.
(Added by Stats. 1975, Ch. 957.)