California Government Code

§ 63046

GOV § 63046 Effective Jan 1, 1999Div. 1 · Title 6.7 · Ch. 2 · Art. 5

Statute text

No financing shall be made by the bank under this article unless the bank shall have first determined that the financing or assistance meets the following public interest criteria:

(a)The financing, loan, grant, or other assistance is for a project or a use in the State of California.

(b)Those seeking funds or other assistance are capable of meeting obligations incurred under relevant agreements.

…

Legislative history

Repealed and added by Stats. 1998, Ch. 4, Sec. 15. Effective January 1, 1999.