Statute · California Public Resources Code
Cal. Pub. Res. Code § 4629.11 — Timber Regulation and Forest Restoration Fund
Cal. Pub. Res. Code § 4629.11
- Type
- Statute
- Source
- California Public Resources Code
- Jurisdiction
- California
- Date
- 2012-09-11
- Current through
- Nov 2, 2026 (California Legislative Counsel)
(a) Notwithstanding any other law, the revenues in any fiscal year may be accounted for on an accrued basis. The department may borrow against anticipated revenues to the fund to meet cashflow needs.
Citator
Cal. Pub. Res. Code § 4629.11 — Timber Regulation and Forest Restoration Fund is in force in the current edition of the Code, and nothing recorded condemns it.
(a) Notwithstanding any other law, the revenues in any fiscal year may be accounted for on an accrued basis. The department may borrow against anticipated revenues to the fund to meet cashflow needs.
(b) Notwithstanding any other law, a loan obtained pursuant to subdivision (a) shall be interest free. The department shall repay the loan in a timely manner from reserves received into the fund.