Sts. & Hy. Code, § 2704.16 · Article 3. Fiscal Provisions

Sts. & Hy. Code, § 2704.16

Verbatim from the official edition

Text — As published in the Legislative Counsel's database, tables dated October 18, 2026 (pubinfo_2025.zip)

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 chapter. 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 chapter, less any amount borrowed pursuant to Section 2701.17. The board shall execute such 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 by the board in accordance with this chapter.

Notes and commentary — not statutory text

History

Added by Stats. 2008, Ch. 267, Sec. 9. Approved in Proposition 1A at the November 4, 2008, election.

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=SHC&sectionNum=2704.16.
Text hash: sha256 47e4f8533cf56be3dcf8958bacbe1a4fd32673adffdc14af8a8e65a043c4f4b1
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

This section cites

Provisions in this library that the text above cites, as it prints each citation. A range cited as “ss. 61.13-61.16” links its first and last provisions.

Government Code

Gov. Code, § 16312Printed as Section 16312 of the Government Code

Streets and Highways Code

Sts. & Hy. Code, § 2701.17Printed as Section 2701.17

Cited by 1 provision

Provisions in this library whose text cites Sts. & Hy. Code, § 2704.16. Each shows the citation as that text prints it.

Streets and Highways Code

Sts. & Hy. Code, § 2704.17Printed as Section 2704.16

Procedural information only. Not legal advice and not a substitute for the advice of an attorney. Confirm the current text with the official publisher before relying on it.