Any district operating utility works may accept, without limitation by any other provisions of this division requiring approval of indebtedness, loans from any person, firm, or corporation for the purpose of financing the construction of office buildings, warehouses, and garages for the district, and the acquisition of sites therefor, with appurtenances necessary or convenient thereto. The evidence of the districtâs indebtedness shall constitute a negotiable instrument. As used in this section, âconstructionâ includes the meaning of âreconstruction,â ârepair,â âimprove,â âremodeling,â ârehabilitation,â â and âcompletion.â
‹ Prev All California sections Next ›
Lexace provides legal information, not legal advice, and no attorney–client relationship is created. Statute text is provided for general information and may not reflect the most recent amendments; verify against the official state code.