DIVISION 5. Public Banks 57600-57607›CHAPTER 9.5. California Special District Consolidation Assistance Program 60350-60356
§ 60356
California Government Code · 2026-09 edition · updated 2026-09-27 · California
The board of supervisors may cancel the repayment of any loan made pursuant to this chapter for special districts which successfully complete a consolidation, merger, or reorganization. If the board of supervisors cancels a loan, it shall be considered a grant and no repayment shall be required.
(Added by Stats. 1984, Ch. 1392, Sec. 1.)
Retrieved: 2026-09-24T17:57:11.852646+00:00
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