Section 100535 Of Article 2. Higher Education Fiscal Provisions From California Education Code >> Division 14. >> Title 3. >> Part 68. >> Chapter 3. >> Article 2.
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. The board, as defined in subdivision (b) of Section 100510,
may request the Pooled Money Investment Board to make a loan from
the Pooled Money Investment Account or any other approved form of
interim financing, in accordance with Section 16312 of the Government
Code, for the purpose of carrying out this chapter. 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 chapter. The board, as defined in subdivision
(b) of Section 100510, 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 chapter.