California Public Resources Code

§ 4629.12

PRC § 4629.12 Effective Sep 11, 2012Div. 4 · Part 2 · Ch. 8 · Art. 9.5

Statute text

(a)The Director of Finance shall authorize a loan, from the General Fund to the fund, to implement the activities described in Section 4629.6.

(b)Any loan made pursuant to this section shall be repaid, with interest at the pooled money investment rate, from revenues from the assessment imposed pursuant to Section 4629.5.

Legislative history

Added by Stats. 2012, Ch. 289, Sec. 3. (AB 1492) Effective September 11, 2012.