Code Section

Public Utilities Code - PUC

DIVISION 10. TRANSIT DISTRICTS [24501 - 107025]

  ( Division 10 repealed and added by Stats. 1955, Ch. 1036. )
  

PART 5. SAN JOAQUIN REGIONAL TRANSIT DISTRICT [50000 - 50507]

  ( Heading of Part 5 amended by Stats. 1994, Ch. 704, Sec. 9. )
  

CHAPTER 6. Powers and Functions of District [50160 - 50220]

  ( Chapter 6 added by Stats. 1963, Ch. 839. )
  

ARTICLE 6. Indebtedness [50200 - 50203]
  ( Article 6 added by Stats. 1963, Ch. 839. )

  
50202.  

The district shall not incur an indebtedness under Chapter 7 (commencing with Section 50225) of this part which in the aggregate exceeds two (2) percent of the assessed value of all the real and personal property within the district.

(Added by Stats. 1963, Ch. 839.)