DIVISION 9. EXPENDITURE LIMITATIONS 7900-7914›PART 7. Operative Date 7931.000›CHAPTER 12.4. Disaster Recovery Reconstruction Act of 1986 8877.1-8877.6›ARTICLE 3. Fiscal Provisions 8878.25-8878.35
§ 8878.35
California Government Code · 2026-09 edition · updated 2026-09-27 · California
The board may request the Pooled Money Investment Board to make a loan from the Pooled Money Investment Account, in accordance with Section 16312 of the Government Code, for the purposes of carrying out the provisions of this chapter. The amount of the request shall not exceed the amount of the unsold bonds which the committee has by resolution authorized to be sold for the purpose of carrying out this chapter. The board shall execute such documents as are 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. 1988, Ch. 27, Sec. 2. Approved in Proposition 77 at the June 7, 1988, election.)
Retrieved: 2026-09-24T17:53:20.970738+00:00
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