Statute · California Government Code
Cal. Gov't Code § 54129 — Earthquake Relief
Cal. Gov't Code § 54129
- Type
- Statute
- Source
- California Government Code
- Jurisdiction
- California
- Current through
- Nov 2, 2026 (California Legislative Counsel)
In the event that the board loans funds to a local agency, the board and the local agency may agree upon the terms and conditions of the payment of the principal and interest. The maximum term of an agreement shall be 20 years. The board may require a shorter repayment period.
Citator
Cal. Gov't Code § 54129 — Earthquake Relief is in force in the current edition of the Code, and nothing recorded condemns it.
In the event that the board loans funds to a local agency, the board and the local agency may agree upon the terms and conditions of the payment of the principal and interest. The maximum term of an agreement shall be 20 years. The board may require a shorter repayment period.