California Statutes
§ 4629.11. — 4629.11. (Added by Stats. 2012, Ch. 289, Sec. 3.)
California·Code PRC Public Resources Code - PRC·Div. 4. DIVISION 4. FORESTS, FORESTRY AND RANGE AND FORAGE LANDS·Part 2. PART 2. PROTECTION OF FOREST, RANGE AND FORAGE LANDS·Ch. 8. CHAPTER 8. Z'berg-Nejedly Forest Practice Act of 1973·Art. 9.5. ARTICLE 9.5. Timber Regulation and Forest Restoration Fund
(a)Notwithstanding any other law, the revenues in any fiscal year may be accounted for on an accrued basis. The department may borrow against anticipated revenues to the fund to meet cashflow needs.
(b)Notwithstanding any other law, a loan obtained pursuant to subdivision (a) shall be interest free. The department shall repay the loan in a timely manner from reserves received into the fund.
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California § 4629.11. (4629.11. (Added by Stats. 2012, Ch. 289, Sec. 3.)) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
Added by Stats. 2012, Ch. 289, Sec. 3. (AB 1492) Effective September 11, 2012.