The board of directors may establish a revolving fund pursuant to Article 15 (commencing with Section 53950) of Chapter 4 of Part 1 of Division 2 of Title 5.

(Repealed and added by Stats. 2005, Ch. 249, Sec. 3. Effective January 1, 2006.)

Terms Used In California Government Code 61117

  • Board of directors: means the board of directors of a district that establishes policies for the operation of the district. See California Government Code 61002