Section 998.207 Of Article 5v. Veterans’ Bond Act Of 1996 From California Military And Veterans Code >> Division 4. >> Chapter 6. >> Article 5v.
998.207
. 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 article. 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 article.
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 article.