DIVISION 31. HOUSING AND HOME FINANCE 50000-54034›PART 11. HOUSING AND EMERGENCY SHELTER TRUST FUND ACT OF 2002 53500-53534›CHAPTER 3. Fiscal Provisions 53521-53532
§ 53530
California Health and Safety Code · 2018-11 edition · updated 2026-10-04 · 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 this part. The amount of the request shall not exceed the amount of unsold bonds that the committee has by resolution authorized to be sold for the purpose of carrying out this part. The board shall execute any documents that 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 part.
(Added by Stats. 2002, Ch. 26, Sec. 8. Approved in Proposition 46 at the November 5, 2002, election.)
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