California Statutes
§ 53859.08. — 53859.08. (Amended by Stats. 1978, Ch. 637.)
California·Code GOV Government 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
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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California § 53859.08. (53859.08. (Amended by Stats. 1978, Ch. 637.)) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
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.)