DIVISION 11. IRRIGATION DISTRICTS 20500-29978›PART 8. FINANCIAL ORGANIZATION 24250-24771›CHAPTER 1. General Financial Provisions 24250-24275›ARTICLE 1. Creation of Liabilities 24250-24253

§ 24251

California Water Code · 2020-11 edition · updated 2026-10-04 · California

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.)

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California Water Code

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