California § 125291.145 - The institute may request the Pooled Money Investment Board to make a loan from t
Full text of California Public Contract Code - PCC § 125291.145 — The institute may request the Pooled Money Investment Board to make a loan from t, with citation guidance and answers to common questions.
§ 125291.145. The institute may request the Pooled Money Investment Board to make a loan from t
The institute may request the Pooled Money Investment Board to make a loan from the Pooled Money Investment Account in accordance with Section 16312 of the Government Code for the purposes of carrying out this article. The amount of the loan shall not exceed the amount of the unsold bonds that the committee, by resolution, has authorized to be sold for the purpose of carrying out this article excluding any refunding bonds authorized pursuant to Section 125291.155, less any amount loaned pursuant to this section and not yet repaid, and any amount withdrawn from the General Fund pursuant to Section 125291.140 and not yet returned to the General Fund. The institute shall execute any documents required by the Pooled Money Investment Board to obtain and repay the loan. Any amounts loaned shall be deposited in the fund to be allocated by the institute in accordance with this article.
Source: official California text · Last verified 2026-08-27
Frequently Asked Questions About California § 125291.145
What does Public Contract Code - PCC § 125291.145 cover?
Section 125291.145 ("The institute may request the Pooled Money Investment Board to make a loan from t") is part of the Public Contract Code - PCC, the codified statutory law of California. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite California § 125291.145?
A common citation format is "Public Contract Code - PCC § 125291.145" (California). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of California law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the California official source linked on this page or consult a licensed California attorney.
How does California § 125291.145 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in California can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in California.