§ 13818 State Debt Authorization Limit

Water Code·California

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Key Takeaways

•The state of California can borrow up to $75 million.
•This money can only be used for specific things listed in another part of the law (Section 13819).
•The borrowing has to follow the rules in this part of the law.

Example

Imagine California needs to fix a lot of old schools.

The state can borrow up to $75 million to pay for the repairs, but only if the schools are on the list of approved projects.

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

Official Source

View on CA.gov

§ 13818 State Debt Authorization Limit

The committee may create a debt or debts, liability or liabilities, of the State of California, in an aggregate amount of seventy-five million dollars ($75,000,000) in the manner provided in this chapter. The debt or debts, liability or liabilities, shall be created for the purpose of providing the money to be used for the objects and works specified in Section 13819. (Added by Stats. 1984, Ch. 378, Sec. 1. Approved in Proposition 28 at the November 6, 1984, election.)

Last verified: January 23, 2026

Key Terms

debt or debts liability or liabilities seventy-five million dollars ($75,000,000)objects and works specified in Section 13819

References

Official text at leginfo.legislature.ca.gov
California Legislature. Water Code. Section 13818.

Key Takeaways

Example

Key Terms

Related Statutes

References

Key Takeaways

Example

Key Terms

Related Statutes

References