California § 37618.2. 37618.2. (Added by Stats. 1992, Ch. 72, Sec. 25.)

California Statutes

§ 37618.2. — 37618.2. (Added by Stats. 1992, Ch. 72, Sec. 25.)

California § 37618.2.

JurisdictionCalifornia

Code GOVGovernment Code - GOV

Div.3.

Title 4.DIVISION 3. OFFICERS

Part 2.PART 2. LEGISLATIVE BODY

Ch. 5.CHAPTER 5. City Property

Art. 7.ARTICLE 7. Hospitals Managed by Board of Hospital Trustees

This text of California § 37618.2. (37618.2. (Added by Stats. 1992, Ch. 72, Sec. 25.)) is published on Counsel Stack Legal Research, covering California primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Cal. Government Code - GOV Code § 37618.2. (2026).

Text

A municipal hospital may borrow money and incur indebtedness in an amount not to exceed 85 percent of all estimated income and revenue for the current fiscal year, including, but not limited to, tax revenues, operating income, and any other miscellaneous income received by the municipal hospital, from whatever source derived. The money borrowed and indebtedness incurred under this section shall be repaid within the same fiscal year.

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A municipal hospital may borrow money and incur indebtedness in an amount not to exceed 85 percent of all estimated income and revenue for the current fiscal year, including, but not limited to, tax revenues, operating income, and any other miscellaneous income received by the municipal hospital, from whatever source derived. The money borrowed and indebtedness incurred under this section shall be repaid within the same fiscal year.