Section 44522 Of Article 2. Organization Of Authority From California Health And Safety Code >> Division 27. >> Chapter 1. >> Article 2.
44522
. The authority is authorized and empowered:
(a) To adopt an official seal.
(b) To sue and be sued in its own name.
(c) To do all things generally necessary or convenient to carry
out its powers and the purposes under this division.
(d) To make temporary loans from those funds set aside for its
administrative costs to state financing authorities or advisory
commissions created by a statute which takes effect on or after
January 1, 1981, and which designates the State Treasurer as the
chairperson, such loans to be returned with interest as specified by
Section 16314 of the Government Code.