Statute · California Public Resources Code

Cal. Pub. Res. Code § 5096.961 — Fiscal Provisions

Cal. Pub. Res. Code § 5096.961

Type
Statute
Source
California Public Resources Code
Jurisdiction
California
Current through
Nov 2, 2026 (California Legislative Counsel)

The department may request the Pooled Money Investment Board to make a loan from the Pooled Money Investment Account, in accordance with Section 16312 of the Government Code, for the purpose of carrying out this chapter. The amount of the request shall not exceed the amount of the unsold bonds…

Citator

Cal. Pub. Res. Code § 5096.961 — Fiscal Provisions is in force in the current edition of the Code, and nothing recorded condemns it.

The department may request the Pooled Money Investment Board to make a loan from the Pooled Money Investment Account, in accordance with Section 16312 of the Government Code, for the purpose of carrying out this chapter. The amount of the request shall not exceed the amount of the unsold bonds that the committee has, by resolution, authorized to be sold for the purpose of carrying out this chapter. The department shall execute those documents required by the Pooled Money Investment Board to obtain and repay the loan. Any amounts loaned shall be deposited in the fund to be allocated by the department in accordance with this chapter.