TITLE 2. GOVERNMENT OF THE STATE OF CALIFORNIA 8000-22980›DIVISION 1. GENERAL 8000-8899.72›CHAPTER 11.8. California Debt Limit Allocation Committee 8869.80-8869.94

§ 8869.88

California Government Code · 2020-11 edition · updated 2026-10-04 · California

The committee may transfer any private activity bond limit directly to any joint powers authority created pursuant to Chapter 5(commencing with Section 6500) of Division 7 of Title 1. This section is specifically intended to be an expressed statement of an alternative allocation as provided in Temporary Treasury Regulations Section 1.103(n)-3T, A-14 and A-15, to the extent the regulations, or any successor thereto or similar regulations, are applicable to private activity bonds.

(Added by Stats. 1987, Ch. 943, Sec. 2.5.)

Get a plain-English answer with a citation back to this text.

Ask AI about this code

Export this section

▸Contents — California Government Code

California Government Code

GoCodebook provides public access, search, citation, multilingual explanation, and practical interpretation of legally adopted building regulations. It is not a substitute for the official ICC or California code publications.