California § 8869.88. 8869.88. (Added by Stats. 1987, Ch. 943, Sec. 2.5.)

California Statutes

§ 8869.88. — 8869.88. (Added by Stats. 1987, Ch. 943, Sec. 2.5.)

California·Code GOV Government Code - GOV·Div. 1.·Title 2. DIVISION 1. GENERAL·Ch. 11.8. CHAPTER 11.8. California Debt Limit Allocation Committee

The committee may transfer any private activity bond limit directly to any joint powers authority created pursuant to Chapter 5(commencing with Section 6500) of Division 7 of Title 1. This section is specifically intended to be an expressed statement of an alternative allocation as provided in Temporary Treasury Regulations Section 1.103(n)-3T, A-14 and A-15, to the extent the regulations, or any successor thereto or similar regulations, are applicable to private activity bonds.

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The committee may transfer any private activity bond limit directly to any joint powers authority created pursuant to Chapter 5(commencing with Section 6500) of Division 7 of Title 1. This section is specifically intended to be an expressed statement of an alternative allocation as provided in Temporary Treasury Regulations Section 1.103(n)-3T, A-14 and A-15, to the extent the regulations, or any successor thereto or similar regulations, are applicable to private activity bonds.

California § 8869.88. (8869.88. (Added by Stats. 1987, Ch. 943, Sec. 2.5.)) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.