§ 91523. — 91523. (Added by Stats. 1980, Ch. 1358.)

California § 91523.

• Jurisdiction: California
• Code GOV: Government Code - GOV
• Title 10.: TITLE 10. CALIFORNIA INDUSTRIAL DEVELOPMENT FINANCING ACT
• Ch. 1.: CHAPTER 1. California Industrial Development Financing
• Art. 2.: ARTICLE 2. Industrial Development Authorities

Text

As an alternate to the appointment of directors pursuant to Section 91522, the governing body may, at its sole discretion and at any time regardless of the incumbency of any directors appointed pursuant to Section 91522, by resolution, declare itself to be the board, in which case all the rights, powers, privileges, duties, liabilities, disabilities, and immunities vested in a board shall be vested in the governing body as such board and the terms of office of any incumbents appointed pursuant to Section 91522 shall be deemed terminated. A governing body which has adopted a resolution pursuant to this section may at any time adopt the resolution provided for by Section 91522 and, thereupon, the resolution provided for by this section shall, upon the effectiveness of such resolution, be deemed repealed.

Legislative History

Added by Stats. 1980, Ch. 1358.