Section 103581 Of Article 5. Temporary Borrowing From California Public Utilities Code >> Division 10. >> Part 15. >> Chapter 7. >> Article 5.
103581
. At any time prior to the first receipt by the district of
revenues from taxation, the county may lend any available money to
the district for the purposes of organization and operation. Such
expenditures shall constitute a proper expenditure of county funds.
Such loans may bear interest.