Section 1179.39 Of Chapter 3. Fiscal Provisions From California Health And Safety Code >> Division 1. >> Part 6. >> Chapter 3.
1179.39
. The authority 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
carrying out this part. The amount of the request shall not exceed
the amount of the unsold bonds that the committee, by resolution, has
authorized to be sold for the purpose of carrying out this part. The
authority shall execute any documents required by the Pooled Money
Investment Board to obtain and repay the loan. Any amounts loaned
shall be deposited in the fund to be allocated by the board in
accordance with this part.