Gov. Code, § 63024.5 · Article 1. Creation of the Bank
Gov. Code, § 63024.5
Verbatim from the official edition
Text — As published in the Legislative Counsel's database, tables dated October 18, 2026 (pubinfo_2025.zip)
Where a state agency is authorized under state law to request that the bank issue bonds on its behalf, the agency may request, and the bank may issue, the bonds for the purpose authorized by state law and to fund any necessary reserves, capitalized interest, and costs of issuance associated with the bonds.
Notes and commentary — not statutory text
History
Added by Stats. 2011, Ch. 518, Sec. 2. (AB 1292) Effective January 1, 2012.
Source of truth
- Edition
- As published in the Legislative Counsel's database, tables dated October 18, 2026 (pubinfo_2025.zip)
- Official file
- https://leginfo.legislature.ca.gov/faces/codes_displaySection.xhtml?lawCode=GOV§ionNum=63024.5.
- Text hash
- sha256 bdaf7a66bf896c30f76468efe069b24cdc0e13639ea84b2a4032944c655d3f71
- Composed by
- compose_ca.py 2026-10-22: the Legislative Counsel's CAML content files read by a tokenizer (caml_readers.reader_a); an independent xml.etree reading (caml_readers.reader_b) agrees on every section
Cited by 1 provision
Provisions in this library whose text cites Gov. Code, § 63024.5. Each shows the citation as that text prints it.
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