DIVISION 6. CONSERVATION, DEVELOPMENT, AND UTILIZATION OF STATE WATER RESOURCES 10000-12999›PART 6. WATER DEVELOPMENT PROJECTS 12570-12949.6›CHAPTER 5. State Financial Assistance for Local Projects 12880-12893›ARTICLE 6. Loans 12885-12885.9
§ 12885
California Water Code · 2020-11 edition · updated 2026-10-04 · California
The department is authorized to make state loans to public agencies for the construction of projects from moneys available for such loans. Loans in excess of four million dollars ($4,000,000) for any one project may be made by the department only upon specific approval of the Legislature, by an act enacted after the receipt of copies of the project report filed pursuant to Section 12882. 4 and upon such additional terms and conditions as the Legislature may prescribe.
(Amended by Stats. 1967, Ch. 359.)
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