California Statutes
§ 53859.08. — 53859.08. (Amended by Stats. 1978, Ch. 637.)
California § 53859.08.
JurisdictionCalifornia
Code GOVGovernment Code - GOV
Div.2.
Title 5.DIVISION 2. CITIES, COUNTIES, AND OTHER AGENCIES
Part 1.PART 1. POWERS AND DUTIES COMMON TO CITIES, COUNTIES, AND OTHER AGENCIES
Ch. 4.CHAPTER 4. Financial Affairs
Art. 7.7.ARTICLE 7.7. Grant Anticipation Notes
This text of California § 53859.08. (53859.08. (Amended by Stats. 1978, Ch. 637.)) 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 § 53859.08. (2026).
Text
A grant or loan anticipation note or notes shall not be issued pursuant to this article in an amount at any time outstanding which shall exceed 95 percent of the grant or loan funds stated in writing by the granting or loaning authority as committed, appropriated and that shall be paid on a specified date or dates, or event or events, within a 36-month period from the dating of such notes.
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Legislative History
Amended by Stats. 1978, Ch. 637.
Nearby Sections
9
§ 53859.01.
53859.01. (Added by Stats. 1972, Ch. 552.)§ 53859.03.
53859.03. (Added by Stats. 1972, Ch. 552.)§ 53859.04.
53859.04. (Amended by Stats. 1980, Ch. 278.)§ 53859.05.
53859.05. (Added by Stats. 1972, Ch. 552.)§ 53859.06.
53859.06. (Amended by Stats. 1978, Ch. 637.)§ 53859.07.
53859.07. (Amended by Stats. 1978, Ch. 637.)§ 53859.08.
53859.08. (Amended by Stats. 1978, Ch. 637.)Cite This Page — Counsel Stack
Bluebook (online)
California § 53859.08., Counsel Stack Legal Research, https://law.counselstack.com/statute/ca/GOV/53859.08..