Amended by Stats. 1995, Ch. 863, Sec. 28. Effective January 1, 1996.
(a)The bank may give final approval for the issuance of the bonds or of the authorization of a special purpose trust upon terms it deems necessary or desirable.
(b)The executive director may establish the terms and conditions for the issuance of the bonds or of the authorization of a special purpose trust and take any other action necessary or desirable for the issuance of the bonds or of a special purpose trust authorized by the bank.
(c)Any action under this section shall be at the discretion of the bank.
Cite this section