Statute · California Government Code

Cal. Gov't Code § 63024.5 — Creation of the Bank

Cal. Gov't Code § 63024.5

Type
Statute
Source
California Government Code
Jurisdiction
California
Date
2012-01-01
Current through
Nov 2, 2026 (California Legislative Counsel)

Where a state agency is authorized under state law to request that the bank issue bonds on its behalf, the agency may request, and the bank may issue, the bonds for the purpose authorized by state law and to fund any necessary reserves, capitalized interest, and costs of issuance associated with…

Citator

Cal. Gov't Code § 63024.5 — Creation of the Bank is in force in the current edition of the Code, and nothing recorded condemns it.

Where a state agency is authorized under state law to request that the bank issue bonds on its behalf, the agency may request, and the bank may issue, the bonds for the purpose authorized by state law and to fund any necessary reserves, capitalized interest, and costs of issuance associated with the bonds.