Home/California/Statutes/Code GOV: Government Code - GOV/Div.: 1./Title 6.7.: DIVISION 1. THE BERGESON-PEACE INFRASTRUCTURE AND ECONOMIC DEVELOPMENT BANK ACT/Ch. 3.: CHAPTER 3. California Infrastructure and Economic Development Bank Fund/§ 63053.
California Statutes

§ 63053. — 63053. (Amended (as added by Stats. 1994, Ch. 94) by Stats. 1994, Ch. 749, Sec. 20.5.)

California § 63053.
JurisdictionCalifornia
Code GOVGovernment Code - GOV
Div.1.
Title 6.7.DIVISION 1. THE BERGESON-PEACE INFRASTRUCTURE AND ECONOMIC DEVELOPMENT BANK ACT
Ch. 3.CHAPTER 3. California Infrastructure and Economic Development Bank Fund

This text of California § 63053. (63053. (Amended (as added by Stats. 1994, Ch. 94) by Stats. 1994, Ch. 749, Sec. 20.5.)) 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 § 63053. (2026).

Text

(a)The bank may administer and distribute among its accounts and subaccounts, at its discretion, the proceeds from any general obligation bonds issued in accordance with the State General Obligation Bond Law (Chapter 4 (commencing with Section 16720) of Part 3 of Division 4 of Title 2).
(b)The assets of the infrastructure bank fund shall be available for the payment of the salaries and other expenses charged against it in accordance with this division.

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Legislative History

Amended (as added by Stats. 1994, Ch. 94) by Stats. 1994, Ch. 749, Sec. 20.5. Effective January 1, 1995.
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California § 63053., Counsel Stack Legal Research, https://law.counselstack.com/statute/ca/GOV/63053..