Each local authority may enter into joint powers agreements with other local authorities to issue pooled bonds in response to small business loan requests.
Cal. Gov. Code § 91561.3
Small Business Financing
Known as the California Industrial Development Financing Act
The act spans §§ 91500 to 91562 (40 sections).
Amended by Stats. 2018, Ch. 645, Sec. 9
Official source: California Legislative Information. Reproduced from public-domain California statutes; confirm against the official source for the current text. Not legal advice.