California § 12885. 12885. (Amended by Stats. 1967, Ch. 359.)

California Statutes

§ 12885. — 12885. (Amended by Stats. 1967, Ch. 359.)

California § 12885.

JurisdictionCalifornia

Code WATWater Code - WAT

Div. 6.DIVISION 6. CONSERVATION, DEVELOPMENT, AND UTILIZATION OF STATE WATER RESOURCES

Part 6.PART 6. WATER DEVELOPMENT PROJECTS

Ch. 5.CHAPTER 5. State Financial Assistance for Local Projects

Art. 6.ARTICLE 6. Loans

This text of California § 12885. (12885. (Amended by Stats. 1967, Ch. 359.)) 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.

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Cal. Water Code - WAT Code § 12885. (2026).

Text

The department is authorized to make state loans to public agencies for the construction of projects from moneys available for such loans. Loans in excess of four million dollars ($4,000,000) for any one project may be made by the department only upon specific approval of the Legislature, by an act enacted after the receipt of copies of the project report filed pursuant to Section 12882. 4 and upon such additional terms and conditions as the Legislature may prescribe.

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The department is authorized to make state loans to public agencies for the construction of projects from moneys available for such loans. Loans in excess of four million dollars ($4,000,000) for any one project may be made by the department only upon specific approval of the Legislature, by an act enacted after the receipt of copies of the project report filed pursuant to Section 12882. 4 and upon such additional terms and conditions as the Legislature may prescribe.