The bank shall consider a project for conduit financing for economic development facilities upon filing of an application with the bank by an appropriate participating party, on the terms and conditions the bank shall determine. The bank shall establish procedures for the expeditious review of applications for the issuance or approval of bonds to finance economic development facilities.
Cal. Gov. Code § 63044
Financing Economic Development Facilities
Known as the Climate Catalyst Revolving Fund Act
The act spans §§ 63021–63049 (71 sections).
Repealed and added by Stats. 1998, Ch. 4, Sec. 15
Official source: California Legislative Information. Reproduced from public-domain California statutes; confirm against the official source for the current text. Not legal advice.