Section 53552 Of Chapter 3. Fiscal Provisions From California Health And Safety Code >> Division 31. >> Part 12. >> Chapter 3.
53552
. 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 this part.
The amount of the request shall not exceed the amount of the unsold
bonds which the committee has, by resolution, authorized to be sold
for the purpose of this part, less any amount withdrawn pursuant to
Section 53553. The board shall execute any documents as required by
the Pooled Money Investment Board to obtain and repay the loan. Any
amount loaned shall be deposited in the fund to be allocated in
accordance with this part.