Cal. Public Resources Code § 5096.961
Cal. Public Resources Code § 5096.961
California · California Public Resources Code · Status: effective
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- Citation
- Cal. Public Resources Code § 5096.961, California, version 1 as recorded 2026-07-25, yourstate.us, https://yourstate.us/provision/900380
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Full text
The department 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 the purpose of carrying out this chapter. The amount of the request shall not exceed the amount of the unsold bonds that the committee has, by resolution, authorized to be sold for the purpose of carrying out this chapter. The department shall execute those 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 department in accordance with this chapter.