Home/California/Statutes/Code PEN: Penal Code - PEN/Title: 7./Part 3.: TITLE 7. ADMINISTRATION OF THE STATE CORRECTIONAL SYSTEM/Ch. 16.: CHAPTER 16. New Prison Construction Bond Act of 1990/§ 7430.
California Statutes

§ 7430. — 7430. (Added by Stats. 1990, Ch. 5, Sec. 1.)

California § 7430.
JurisdictionCalifornia
Code PENPenal Code - PEN
Title7.
Part 3.TITLE 7. ADMINISTRATION OF THE STATE CORRECTIONAL SYSTEM
Ch. 16.CHAPTER 16. New Prison Construction Bond Act of 1990

This text of California § 7430. (7430. (Added by Stats. 1990, Ch. 5, Sec. 1.)) 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. Penal Code - PEN Code § 7430. (2026).

Text

The board may request the Pooled Money Investment Board to make a loan from the Pooled Money Investment Account, in accordance with Section 16312 of the Government Code, for the purposes of carrying out the provisions 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 carrying out this chapter. The board shall execute any documents required by the Pooled Money Investment Board to obtain and repay the loan. Any amounts loaned shall be deposited in the fund to be allocated by the board in accordance with this chapter.

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Legislative History

Added by Stats. 1990, Ch. 5, Sec. 1. Approved in Proposition 120 at the June 5, 1990, election.
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Bluebook (online)
California § 7430., Counsel Stack Legal Research, https://law.counselstack.com/statute/ca/PEN/7430..