Section 1179.68 Of Chapter 3. Fiscal Provisions From California Health And Safety Code >> Division 1. >> Part 6.1. >> Chapter 3.
1179.68
. The authority may request the Pooled Money Investment
Board to make a loan from the Pooled Money Investment Account,
including other authorized forms of interim financing that include,
but are not limited to, commercial paper, 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.