Section 78699 Of Chapter 10. Fiscal Provisions From California Water Code >> Division 24. >> Chapter 10.
78699
. The State Water Resources Control 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 the purposes of carrying out this division. The amount of
the request shall not exceed the amount of the unsold bonds which the
committee, by resolution, has authorized to be sold for the purpose
of carrying out this division. The State Water Resources Control
Board shall execute any documents 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 by the State Water
Resources Control Board in accordance with this division.