Cal. Pub. Util. Code § 99604

Current through the 2024 Legislative Session.

Section 99604 - Reduction of allocation if bonds cannot be sold

If bonds sufficient to fund the total aggregate of the amounts specified in Chapter 3 (commencing with Section 99620) cannot be sold pursuant to Chapter 6 (commencing with Section 99690), the allocation for each project shall be reduced proportionately.

Ca. Pub. Util. Code § 99604

Added June 5, 1990, by initiative Proposition 116.