Statute · California Government Code

Cal. Gov't Code § 63048.97 — Climate Catalyst Revolving Fund Act of 2020

Cal. Gov't Code § 63048.97

Type
Statute
Source
California Government Code
Jurisdiction
California
Date
2025-06-30
Current through
Nov 2, 2026 (California Legislative Counsel)

(a) The bank may administer and distribute among the accounts and subaccounts created under this article, at its discretion, the proceeds from any general obligation bonds issued in accordance with the State General Obligation Bond Law (Chapter 4 (commencing with Section 16720) of Part 3 of…

Citator

Cal. Gov't Code § 63048.97 — Climate Catalyst Revolving Fund Act of 2020 is in force in the current edition of the Code, and nothing recorded condemns it.

(a) The bank may administer and distribute among the accounts and subaccounts created under this article, at its discretion, the proceeds from any general obligation bonds issued in accordance with the State General Obligation Bond Law (Chapter 4 (commencing with Section 16720) of Part 3 of Division 4 of Title 2).

(b) The assets of the Climate Catalyst Revolving Fund shall be available for the payment of the salaries and other expenses incurred by the bank in connection with the administration of this article, all in accordance with this article.