California Statutes
§ 8879.31. — 8879.31. (Added by Stats. 2006, Ch. 25, Sec. 1.)
California·Code GOV Government Code - GOV·Div. 1.·Title 2. DIVISION 1. GENERAL·Ch. 12.49. CHAPTER 12.49. The Highway Safety, Traffic Reduction, Air Quality, and Port Security Bond Act of 2006·Art. 3. ARTICLE 3. Fiscal Provisions
The board may request the Pooled Money Investment Board to make a loan from the Pooled Money Investment Account, in accordance with Section 16312, for purposes of this chapter. The amount of the request shall not exceed the amount of the unsold bonds which the committee has, by resolution, authorized to be sold for the purpose of this chapter, less any amount withdrawn pursuant to Section 8879.32. The board shall execute any documents as required by the Pooled Money Investment Board to obtain and repay the loan. Any amount loaned shall be deposited in the fund to be allocated in accordance with this chapter.
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California § 8879.31. (8879.31. (Added by Stats. 2006, Ch. 25, Sec. 1.)) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
Added by Stats. 2006, Ch. 25, Sec. 1. Approved in Proposition 1B at the November 7, 2006, election.