California Statutes
§ 103581. — 103581. (Added by Stats. 1974, Ch. 502.)
California·Code PUC Public Utilities Code - PUC·Div. 10. DIVISION 10. TRANSIT DISTRICTS·Part 15. PART 15. SAN MATEO COUNTY TRANSIT DISTRICT·Ch. 7. CHAPTER 7. Bonds and Other Evidences of Indebtedness·Art. 5. ARTICLE 5. Temporary Borrowing
At any time prior to the first receipt by the district of revenues from taxation, the county may lend any available money to the district for the purposes of organization and operation. Such expenditures shall constitute a proper expenditure of county funds. Such loans may bear interest.
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California § 103581. (103581. (Added by Stats. 1974, Ch. 502.)) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
Added by Stats. 1974, Ch. 502.