Section 6523.1 Of Article 1. Generally From California Health And Safety Code >> Division 6. >> Part 1. >> Chapter 4. >> Article 1.
6523.1
. It may borrow money and incur indebtedness and guarantee
the performance of its legal or contractual obligations whether
heretofore or hereafter incurred; and also refund or retire any
public indebtedness or lien that may exist or be created against the
district or any property therein which shall have arisen out of the
transaction of the affairs of the district.