Section 998.105 Of Article 5u. Veterans’ Bond Act Of 1990 From California Military And Veterans Code >> Division 4. >> Chapter 6. >> Article 5u.
998.105
. 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 the purposes of
carrying out this chapter. The amount of the request shall not exceed
the amount of unsold bonds which the committee has, by resolution,
authorized to be sold for the purpose of carrying out this chapter.
The board shall execute whatever documents are 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 chapter.