TITLE 3. POSTSECONDARY EDUCATION 66000-101060›DIVISION 14. MISCELLANEOUS 99000-101149.5›PART 68.1. KINDERGARTEN–UNIVERSITY PUBLIC EDUCATION FACILITIES BOND ACT OF 2002 100600-100760›CHAPTER 2. Kindergarten Through 12th Grade 100610-100646›ARTICLE 2. Kindergarten Through 12th Grade School Facilities Fiscal Provisions 100625-100646
§ 100636
California Education Code · 2020-11 edition · updated 2026-10-04 · California
The State Allocation Board may request the Pooled Money Investment Board to make a loan from the Pooled Money Investment Account or any other approved form of interim financing, in accordance with Section 16312 of the Government Code, for the purpose of carrying out this chapter. The amount of the request shall not exceed the amount of the unsold bonds that the committee, by resolution, has 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.
(Added by Stats. 2002, Ch. 33, Sec. 30. Approved in Proposition 47 at the November 5, 2002, election.)
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