§ 81430

Added by Stats. 2002, Ch. 844, Sec. 1. Effective January 1, 2003.

The agency may issue negotiable promissory notes to acquire funds for any agency purpose. The notes shall have a term not to exceed five years. The total amount of notes issued pursuant to this section that may be outstanding at any one time may not exceed one million dollars ($1,000,000).

Other sections in Article 2 - Financial Matters

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 9, 2026.