California · Public Utilities Code - PUC

PUC §16884: No agreement under Sections 16880 to 16883, inclusive, shall run for a longer period than 30 years; provided that in case bonds are issued to finance such waterworks, such agreement may be extended un

What this law says, in plain English

Agreements under Sections 16880–16883 cannot exceed 30 years, except agreements involving bonds financing waterworks may be extended.

Read the full statutory text
No agreement under Sections 16880 to 16883, inclusive, shall run for a longer period than 30 years; provided that in case bonds are issued to finance such waterworks, such agreement may be extended until such bonds are matured and redeemed. Any contract made with the federal government or any branch thereof is not subject to this restriction or limitation.

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