California · Public Utilities Code - PUC
PUC §3382: The authority is authorized to obtain loans from the Pooled Money Investment Account pursuant to Sections 16312 and 16313 of the Government Code.
What this law says, in plain English
An authority may borrow money from the Pooled Money Investment Account under specific Government Code sections.
Read the full statutory text
The authority is authorized to obtain loans from the Pooled Money Investment Account pursuant to Sections 16312 and 16313 of the Government Code. These loans shall be subject to the terms negotiated with the Pooled Money Investment Board, including, but not limited to, a pledge of authority bond proceeds or revenues.
Verify at the official source: California legislative text
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