Section 53176.5 Of Chapter 3. Fiscal Provisions From California Health And Safety Code >> Division 31. >> Part 9. >> Chapter 3.
53176.5
. 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 purposes of carrying
out the provisions of 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 any documents which 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 to the
board in accordance with this chapter.