If the commission believes that the administration of the marketing plan will be promoted thereby, the commission may borrow money, with or without interest, to carry out the provisions of the marketing plan, and may hypothecate anticipated assessment collections.
Cal. Gov. Code § 13995.48
Commission
Known as the California Tourism Marketing Act
The act spans §§ 13995–13995 (73 sections).
Added by Stats. 2003, Ch. 229, Sec. 1.5
Official source: California Legislative Information. Reproduced from public-domain California statutes; confirm against the official source for the current text. Not legal advice.