California Statutes
§ 99694.5. — 99694.5. (Added June 5, 1990, by initiative Proposition 116.)
California·Code PUC Public Utilities Code - PUC·Div. 10. DIVISION 10. TRANSIT DISTRICTS·Part 11.5. PART 11.5. CLEAN AIR AND TRANSPORTATION IMPROVEMENT ACT OF 1990·Ch. 6. CHAPTER 6. Bonds
The board may request the Pooled Money Investment Board to make a loan from the Pooled Money Investment Account in the General Fund, in accordance with Section 16312 of the Government Code, to carry out this part. The amount of the loan shall not exceed the amount of the unsold bonds which the committee has, by resolution, authorized to be sold for the purposes of this chapter. The board shall execute any documents as 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 in accordance with this chapter.
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California § 99694.5. (99694.5. (Added June 5, 1990, by initiative Proposition 116.)) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
Added June 5, 1990, by initiative Proposition 116.