Penal Code - PEN
PART 3. OF IMPRISONMENT AND THE DEATH PENALTY [2000 - 10008]
( Part 3 repealed and added by Stats. 1941, Ch. 106. ) TITLE 7. ADMINISTRATION OF THE STATE CORRECTIONAL SYSTEM [5000 - 7467]
( Title 7 added by Stats. 1944, 3rd Ex. Sess., Ch. 2. ) CHAPTER 16. New Prison Construction Bond Act of 1990 [7420 - 7434]
( Chapter 16 added by Stats. 1990, Ch. 5, Sec. 1. ) 7430.
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 the purposes of carrying out the provisions 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 carrying out this chapter. The 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 board in accordance with this chapter.
(Added by Stats. 1990, Ch. 5, Sec. 1. Approved in Proposition 120 at the June 5, 1990, election.)