Statute · California Military and Veterans Code
Cal. Mil. & Vet. Code § 491.2 — Miscellaneous
Cal. Mil. & Vet. Code § 491.2
- Type
- Statute
- Source
- California Military and Veterans Code
- Jurisdiction
- California
- Current through
- Nov 2, 2026 (California Legislative Counsel)
For the purposes of meeting the necessary expenses of initial organization and operation until such date as the department derives revenues or proceeds from bonds or notes as provided under this chapter, the department may, with the approval of the Department of Finance, borrow money as needed…
Citator
Cal. Mil. & Vet. Code § 491.2 — Miscellaneous is in force in the current edition of the Code, and nothing recorded condemns it.
For the purposes of meeting the necessary expenses of initial organization and operation until such date as the department derives revenues or proceeds from bonds or notes as provided under this chapter, the department may, with the approval of the Department of Finance, borrow money as needed from the General Fund in the State Treasury. Such borrowed moneys shall be repaid with interest from the first proceeds from the sale of bonds or notes as provided under this chapter.