California Statutes
§ 5905. — 5905. (Added by Stats. 1986, Ch. 1389, Sec. 1.)
California·Code GOV Government Code - GOV·Div. 6.·Title 1. DIVISION 6. PUBLIC BONDS AND OBLIGATIONS·Ch. 11. CHAPTER 11. Public Financing
One or more state or local governments may cause to be formed, and may acquire all, but not less than all, of the voting stock in, one or more corporations, not chartered by a state or federal agency as a depository institution, but organized for the purpose of undertaking financing programs approved by each legislative body and found by each legislative body to be of benefit to the state or local government.
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California § 5905. (5905. (Added by Stats. 1986, Ch. 1389, Sec. 1.)) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
Added by Stats. 1986, Ch. 1389, Sec. 1. Effective September 30, 1986.