§ 29236 District Borrowing Authority

Public Utilities Code·California

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Key Takeaways

•The district can borrow money if they need to.
•They have to follow special rules when they borrow money.
•This is in addition to any other ways they can already borrow money.

Example

A school district needs money to build a new school but doesn't have enough in their budget.

The district can take out a loan to get the money they need, but they have to follow the rules in Article 7.4 of the Government Code to do it.

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Official Source

View on CA.gov

§ 29236 District Borrowing Authority

In addition to any other existing authority, the district may borrow money and incur indebtedness pursuant to Article 7.4 (commencing with Section 53835) of Chapter 4 of Part 1 of Division 2 of Title 5 of the Government Code. (Added by Stats. 2010, Ch. 699, Sec. 37.3. (SB 894) Effective January 1, 2011.)

Last verified: January 23, 2026

Key Terms

borrow money incur indebtedness Article 7.4 Government Code

References

Official text at leginfo.legislature.ca.gov
California Legislature. Public Utilities Code. Section 29236.

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References

Key Takeaways

Example

Key Terms

Related Statutes

References