California Harbors and Navigation Code

§ 76.4

HNC § 76.4Div. 1 · Ch. 2 · Art. 5

Statute text

(a)An application for a loan under Section 76.3 shall be filed with the department and shall:

(1)Include a feasibility study containing sufficient information and detail to demonstrate that the project is engineeringly and financially feasible.

(2)Be processed with due diligence, giving consideration to the needs of the borrower and the interest of the public in preserving the integrity of the Harbors and Watercraft Revolving Fund.

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Legislative history

Added by Stats. 1985, Ch. 1307, Sec. 2.