California Government Code CHAPTER 3 - California Infrastructure and Economic Development Bank Fund

• Section 63050.
  (a) There is hereby created in the State Treasury the California Infrastructure and Economic Development Bank Fund for the purpose of implementing the objectives and provisions...
• Section 63052.
  (a) The bank may pledge any or all of the moneys in the fund as security for payment of the principal of, and interest on, any...
• Section 63053.
  (a) The bank may administer and distribute among its accounts and subaccounts, at its discretion, the proceeds from any general obligation bonds issued in accordance with...
• Section 63054.
  All expenses incurred in carrying out the purposes of this division shall be payable solely from funds provided pursuant to this division, and no liability...
• Section 63055.
  (a) Moneys in the infrastructure bank fund received from the proceeds of bonds issued pursuant to this division may not be transferred to any other fund...
• Section 63056.
  (a) Notwithstanding Chapter 2 (commencing with Section 12850) of Part 2.5 of Division 3 of Title 2 and Article 2 (commencing with Section 13320) of Chapter...

Last modified: October 22, 2018