Cal. Health & Saf. Code § 1179.39

Current through the 2024 Legislative Session.
Section 1179.39 - Request for loan from Pooled Money Investment Account

The authority may request the Pooled Money Investment Board to make a loan from the Pooled Money Investment Account in accordance with Section 16312 of the Government Code, for purposes of carrying out this part. The amount of the request shall not exceed the amount of the unsold bonds that the committee, by resolution, has authorized to be sold for the purpose of carrying out this part. The authority shall execute any documents required by the Pooled Money Investment Board to obtain and repay the loan. Any amounts loaned shall be deposited in the fund to be allocated by the board in accordance with this part.

Ca. Health and Saf. Code § 1179.39

Added by Proposition 61, enacted by the people of the State of California November 2, 2004, eff. 11/3/2004.