California Legal Codes and Statutes

§ 54129

Added by Stats. 1952, 2nd Ex. Sess., Ch. 21.

In the event that the board loans funds to a local agency, the board and the local agency may agree upon the terms and conditions of the payment of the principal and interest. The maximum term of an agreement shall be 20 years. The board may require a shorter repayment period.

Cite this section

Cal. Gov. Code § 54129 (2026)
https://ca.codecond.com/codes/gov/title-5-local-agencies/division-2-cities-counties-and-other-agencies/part-1-powers-and-duties-common-to-cities-counties-and-other-agencies/chapter-5-property/article-5-earthquake-relief/section-54129

Other sections in Article 5 - Earthquake Relief

§ 54125§ 54126§ 54127§ 54128§ 54129§ 54129.5§ 54130

This content is for reference, learning, and study purposes only. All legal text should be verified against the official California Legislative Information website, which is the authoritative source for California law. Data last processed: February 15, 2026.