Water Code - WAT
DIVISION 11. IRRIGATION DISTRICTS [20500 - 29978]
( Division 11 added by Stats. 1943, Ch. 372. ) PART 8. FINANCIAL ORGANIZATION [24250 - 24771]
( Part 8 added by Stats. 1943, Ch. 372. ) CHAPTER 1. General Financial Provisions [24250 - 24275]
( Chapter 1 added by Stats. 1943, Ch. 372. ) ARTICLE 1. Creation of Liabilities [24250 - 24253]
( Article 1 added by Stats. 1943, Ch. 372. ) 24251.
For the purposes of formation or for any other of its purposes a district may, before the levying of the first assessment, incur indebtedness in a total amount not to exceed two thousand dollars, ($2,000) or, if the district contains more than 4,000 acres, one-half as many dollars as there are acres of land in the district.
(Added by Stats. 1943, Ch. 372.)