California Public Utilities Code 3330 – The chief executive officer shall manage and conduct the business and …
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The chief executive officer shall manage and conduct the business and affairs of the authority and the fund subject to the direction of the board. Except as otherwise provided in this section, the board may assign to the executive director, by resolution, those duties generally necessary or convenient to carry out its powers and purposes under this division. Any action involving final approval of any bonds, notes, loans, or other financial assistance shall require the approval of a majority of the members of the board.
(Added by Stats. 2001, 1st Ex. Sess., Ch. 10, Sec. 1. Effective August 13, 2001.)
Terms Used In California Public Utilities Code 3330
- Authority: means the California Consumer Power and Conservation Financing Authority established pursuant to Section 3320 and any board, commission, department, or officer succeeding to the functions thereof, or to whom the powers conferred upon the authority by this division shall be given by law. See California Public Utilities Code 3302
- Board: means the Board of Directors of the California Consumer Power and Conservation Financing Authority. See California Public Utilities Code 3302
- Bonds: means bonds, including structured, senior, and subordinated bonds or other securities. See California Public Utilities Code 3302
- Fund: means the California Consumer Power and Conservation Financing Authority Fund. See California Public Utilities Code 3302