Statute · California Health and Safety Code

Cal. Health & Safety Code § 44538 — General Powers and Duties

Cal. Health & Safety Code § 44538

Type
Statute
Source
California Health and Safety Code
Jurisdiction
California
Date
1983-07-25
Current through
Nov 2, 2026 (California Legislative Counsel)

The authority, no later than March 31 of each year, shall submit to the Legislature and to the Treasurer a report of its activities for the preceding calendar year ended December 31. The report shall include (1) a listing of applications received, (2) a listing of applications accepted for…

Citator

Cal. Health & Safety Code § 44538 — General Powers and Duties is in force in the current edition of the Code, and nothing recorded condemns it.

The authority, no later than March 31 of each year, shall submit to the Legislature and to the Treasurer a report of its activities for the preceding calendar year ended December 31. The report shall include (1) a listing of applications received, (2) a listing of applications accepted for financing, (3) specification of bonds sold, interest rates thereon, and whether bond sales were pursuant to public bid or were negotiated, (4) specification of the amount of bonds authorized but currently unsold, (5) a projection of the authority’s needs and requirements for the coming year, and (6) a report of revenues and expenditures for the preceding fiscal year. The Treasurer shall review the report and advise the Legislature in writing of any problems and of any impact on the state’s credit rating and the state’s ability to borrow funds for state programs.