Section 998.554 Of Article 5y. The Veterans Housing And Homeless Prevention Bond Act Of 2014 From California Military And Veterans Code >> Division 4. >> Chapter 6. >> Article 5y.
998.554
. The board 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 article. 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 article. The board 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 article.