Section 53524 Of Chapter 3. Fiscal Provisions From California Health And Safety Code >> Division 31. >> Part 11. >> Chapter 3.
53524
. (a) Solely for the purpose of authorizing the issuance and
sale, pursuant to the State General Obligation Bond Law, of the bonds
authorized by this part, the Housing Finance Committee is hereby
created. For purposes of this part, the Housing Finance Committee is
"the committee" as that term is used in the State General Obligation
Bond Law. The committee consists of the Controller, the Treasurer,
the Director of Finance, the Secretary of Business, Consumer Services
and Housing, the Director of Housing and Community Development, and
the Executive Director of the California Housing Finance Agency, or
their designated representatives. The Treasurer shall serve as the
chairperson of the committee. A majority of the committee may act for
the committee.
(b) For purposes of the State General Obligation Bond Law, the
department is designated the "board" for programs administered by the
department, and the agency is the "board" for programs administered
by the agency.