California Public Resources Code 5096.121 – The State Park and Recreation Finance Committee is hereby created. …
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The State Park and Recreation Finance Committee is hereby created. The committee consists of the Governor, the State Controller, the Director of Finance, the State Treasurer, and the Secretary of the Resources Agency. For the purposes of this chapter the State Park and Recreation Finance Committee shall be “the committee” as that term is used in the State General Obligation Bond Law. The Secretary of the Resources Agency is hereby designated as “the board” for the purposes of this chapter and for the purposes of the State General Obligation Bond Law.
(Added by Stats. 1976, Ch. 259. Approved in Proposition 2 at the November 2, 1976, election.)
Terms Used In California Public Resources Code 5096.121
- 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.