California § 90500 - The district may borrow money and incur indebtedness, and may issue bonds or othe
Full text of California Public Contract Code - PCC § 90500 — The district may borrow money and incur indebtedness, and may issue bonds or othe, with citation guidance and answers to common questions.
§ 90500. The district may borrow money and incur indebtedness, and may issue bonds or othe
The district may borrow money and incur indebtedness, and may issue bonds or other evidences of indebtedness. No indebtedness shall be incurred exceeding the ordinary annual income and revenue of the district without the approval of 60 percent of the voters voting on the proposition to incur such indebtedness, except that a further vote of the voters is not required for any indebtedness incurred within the purposes and not exceeding the available amount of any previously authorized bond issue, and as to such indebtedness the proceeds of any of the bonds unexpended in the treasury of the district, or the par value of any of the bonds which are unsold shall be deemed a part of the ordinary annual income and revenue of the district.
Source: official California text · Last verified 2026-08-27
Frequently Asked Questions About California § 90500
What does Public Contract Code - PCC § 90500 cover?
Section 90500 ("The district may borrow money and incur indebtedness, and may issue bonds or othe") is part of the Public Contract Code - PCC, the codified statutory law of California. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite California § 90500?
A common citation format is "Public Contract Code - PCC § 90500" (California). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of California law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the California official source linked on this page or consult a licensed California attorney.
How does California § 90500 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in California can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in California.