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Section 78624 Of Article 3. Water Recycling Program From California Water Code >> Division 24. >> Chapter 5. >> Article 3.

78624
. (a) A contract for a loan may not provide for a moratorium on the payment of the principal of, or interest on, the loan.
  (b) Any loan made pursuant to Section 78622 shall be for a period not to exceed 20 years.
  (c) The board may enter into a contract for a loan of up to 100 percent of the total eligible cost of design and construction of an eligible recycling project.