California § 67347.7 - The board may request the Pooled Money Investment Board for a loan from the Poole
Full text of California Public Contract Code - PCC § 67347.7 — The board may request the Pooled Money Investment Board for a loan from the Poole, with citation guidance and answers to common questions.
§ 67347.7. The board may request the Pooled Money Investment Board for a loan from the Poole
(a) The board may request the Pooled Money Investment Board for a loan from the Pooled Money Investment Account, in accordance with Section 16312 of the Government Code, and may execute those documents required by the Pooled Money Investment Board to obtain and repay the loan. The loan shall be deposited in the fund for the purpose of carrying out the provisions of this chapter. 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 purposes of this chapter. (b) For the purposes of requesting Pooled Money Investment Board loans in accordance with this section, âboardâ means: the President of the University of California, the Dean of the college named in Section 92200, the Chancellor of the California State University, the President of the California Maritime Academy, and the Chancellor of the California Community Colleges, each acting independently on their own behalf.
Source: official California text · Last verified 2026-08-27
Frequently Asked Questions About California § 67347.7
What does Public Contract Code - PCC § 67347.7 cover?
Section 67347.7 ("The board may request the Pooled Money Investment Board for a loan from the Poole") 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 § 67347.7?
A common citation format is "Public Contract Code - PCC § 67347.7" (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 § 67347.7 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.