California Health and Safety Code 1179.39 – The authority may request the Pooled Money Investment Board to make a …
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The authority may request the Pooled Money Investment Board to make a loan from the Pooled Money Investment Account in accordance with § 16312 of the Government Code, for purposes of carrying out this part. The amount of the request shall not exceed the amount of the unsold bonds that the committee, by resolution, has authorized to be sold for the purpose of carrying out this part. The authority shall execute any documents 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 November 2, 2004, by initiative Proposition 61.)
Terms Used In California Health and Safety Code 1179.39
- Authority: means the California Health Facilities Financing Authority established pursuant to §. See California Health and Safety Code 1179.11
- Committee: means the Children's Hospital Bond Act Finance Committee created pursuant to Section 1179. See California Health and Safety Code 1179.11
- Fund: means the Children's Hospital Fund created pursuant to Section 1179. See California Health and Safety Code 1179.11