California Financial Code

§ 32812

FIN § 32812 Effective Jul 1, 1983Div. 15.5 · Ch. 7 · Art. 2

Statute text

The Controller shall transfer into the fund from the General Fund and from the Energy Resources Program Account in the General Fund all moneys required to meet the loan requests of the corporation, subject to the following terms and conditions:

(a)The amount transferred to the fund from the General Fund shall not exceed one million five hundred thousand dollars ($1,500,000).

(b)The amount transferred to the fund from the Energy Resources Programs Account in the General Fund shall not exceed one million dollars ($1,000,000) and the Controller shall not transfer any money from the account to the fund unless and until both of the following occur:

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Legislative history

Amended by Stats. 1983, Ch. 323, Sec. 31. Effective July 1, 1983.