§ 105250 District Borrowing Authority

Public Utilities Code·California

AI SummaryVerified

This law says a district can take out loans, but only if it follows the borrowing rules set out in specific parts of the Government Code.

Key Takeaways

•A district is allowed to borrow money.
•The borrowing must follow the rules in Article 7 or Article 7.6 of the Government Code.
•Those rules are found in specific sections (starting at 53820 and 53850).

Example

A local school district wants to borrow money to build a new playground.

The district can get the loan, but it must follow the detailed borrowing steps described in Article 7 (starting at Section 53820) or Article 7.6 (starting at Section 53850) of the Government Code.

AI-generated — May contain errors. Not legal advice. Always verify source.

Official Source

View on CA.gov

§ 105250 District Borrowing Authority

The district may borrow money in accordance with the provisions of Article 7 (commencing with Section 53820), or of Article 7.6 (commencing with Section 53850) of Chapter 4 of Part 1 of Division 2 of Title 5 of the Government Code. (Added by Stats. 2002, Ch. 341, Sec. 4. Effective January 1, 2003.)

Last verified: January 11, 2026

Key Terms

Article 7 Article 7.6 Government Code borrow money

References

Official text at leginfo.legislature.ca.gov
California Legislature. Public Utilities Code. Section 105250.

Key Takeaways

Example

Key Terms

Related Statutes

References

Key Takeaways

Example

Key Terms

Related Statutes

References