California Health and Safety Code 1179.32 – (a) Solely for the purpose of authorizing the issuance and sale …
(a) Solely for the purpose of authorizing the issuance and sale pursuant to the State General Obligation Bond Law of the bonds authorized by this part, the Children’s Hospital Bond Act Finance Committee is hereby created. For purposes of this part, the Children’s Hospital Bond Act Finance Committee is “the committee” as that term is used in the State General Obligation Bond Law. The committee consists of the Controller, Director of Finance, and the Treasurer, or their designated representatives. The Treasurer shall serve as chairperson of the committee. A majority of the committee may act for the committee.
(b) The authority is designated the “board” for purposes of the State General Obligation Bond Law, and shall administer the fund pursuant to this part.
Terms Used In California Health and Safety Code 1179.32
- 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
- Director: means "State Director of Health Services. See California Health and Safety Code 21
- Fund: means the Children's Hospital Fund created pursuant to Section 1179. See California Health and Safety Code 1179.11
- Obligation: An order placed, contract awarded, service received, or similar transaction during a given period that will require payments during the same or a future period.
- State: means the State of California, unless applied to the different parts of the United States. See California Health and Safety Code 23
(Added November 2, 2004, by initiative Proposition 61.)