Statute · California Government Code

Cal. Gov't Code § 12438.1 — Discharge of State Entity from Duty to Collect

Cal. Gov't Code § 12438.1

Type
Statute
Source
California Government Code
Jurisdiction
California
Date
2016-06-27
Current through
Nov 2, 2026 (California Legislative Counsel)

Notwithstanding any other provision of this article, the Controller may discharge the Department of Water Resources from accountability for collection of the loan issued to the Arrowhead Manor Water Company in 1980 under the California Safe Drinking Water Bond Law of 1976, but only if San…

Citator

Cal. Gov't Code § 12438.1 — Discharge of State Entity from Duty to Collect is in force in the current edition of the Code, and nothing recorded condemns it.

Notwithstanding any other provision of this article, the Controller may discharge the Department of Water Resources from accountability for collection of the loan issued to the Arrowhead Manor Water Company in 1980 under the California Safe Drinking Water Bond Law of 1976, but only if San Bernardino County or its county service area acquires the water system financed by the loan issued to the Arrowhead Manor Water Company and pays the amount of nine hundred ten thousand five hundred twenty dollars ($910,520) in complete satisfaction of that loan, on or before January 30, 2009.