Health and Safety Code section 53552

The board may request the Pooled Money Investment Board to make a loan from the Pooled Money Investment Account, in accordance with Section 16312 of the Government Code, for purposes of this part. The amount of the request shall not exceed the amount of the unsold bonds which the committee has, by resolution, authorized to be sold for the purpose of this part, less any amount withdrawn pursuant to Section 53553. The board shall execute any documents as required by the Pooled Money Investment Board to obtain and repay the loan. Any amount loaned shall be deposited in the fund to be allocated in accordance with this part.

Source: Section 53552, https://leginfo.legislature.ca.gov/faces/codes_displaySection.xhtml?lawCode=HSC§ionNum=53552. (accessed May 9, 2025).

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Last Updated

Apr. 24, 2025

§ 53552’s source at ca.gov

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Location: https://california.public.law/codes/health_and_safety_code_section_53552

Original Source: Section 53552, https://leginfo.legislature.ca.gov/faces/codes_displaySection.xhtml?lawCode=HSC§ionNum=53552. (last accessed Apr. 24, 2025).