Section 14028 Of Article 2. California Safe Drinking Water Program From California Water Code >> Division 7. >> Chapter 16. >> Article 2.
14028
. Not more than twenty-five million dollars ($25,000,000) of
state loans for projects shall be authorized by the department in a
single calendar quarter. No contract shall be approved by the
department, unless the department finds that the supplier has the
capacity to repay the loan amounts specified in the contract.
At the request of the department, the Public Utilities Commission
shall furnish comments concerning the ability of suppliers subject to
its jurisdiction to finance the project from other sources and the
ability to repay the loan.