California Government Code

§ 16943

GOV § 16943 Effective Aug 11, 2004Div. 4 · Title 2 · Part 3 · Ch. 8 · Art. 1

Statute text

Unless the context otherwise requires, the following definitions shall govern the construction of this chapter:

(a)“Ancillary obligation” means the obligation of the state under any credit enhancement or liquidity agreement, including any of the following:

(1)An obligation in the form of bond insurance, a letter of credit, standby bond purchase agreement, reimbursement agreement, liquidity facility, or other similar arrangement.

…

Legislative history

Added by Stats. 2004, Ch. 215, Sec. 4. Effective August 11, 2004.