Statute · California Government Code

Cal. Gov't Code § 15457 — HEALTH FACILITIES FINANCING AUTHORITY ACT

Cal. Gov't Code § 15457

Type
Statute
Source
California Government Code
Jurisdiction
California
Current through
Nov 2, 2026 (California Legislative Counsel)

Any net earnings of the authority beyond that necessary for retirement of any obligations issued by the authority or to implement the purposes of this chapter may inure to the benefit only of the State of California or the authority.

Citator

Cal. Gov't Code § 15457 — HEALTH FACILITIES FINANCING AUTHORITY ACT is in force in the current edition of the Code, and nothing recorded condemns it.

Any net earnings of the authority beyond that necessary for retirement of any obligations issued by the authority or to implement the purposes of this chapter may inure to the benefit only of the State of California or the authority.