Ca_Law

statute | California

Financial Code - FIN - FIN § 32820

  • UIDca_leginfo_codes:fin-32820
  • CitationFinancial Code - FIN - FIN § 32820
  • Court / bodyCalifornia Legislative Counsel
  • Decision dateN/A
  • CollectionPUBINFO_2025
  • SourceOriginal

Summary

The corporation is authorized to borrow money from the fund, subject to the following terms and conditions: (a) The interest rate on loans from the fund to the corporation shall be six percent per annum; (b) The maximum term of the loans to the corporation shall be for 20 years;

Text

The corporation is authorized to borrow money from the fund, subject to the following terms and conditions:
(a)
The interest rate on loans from the fund to the corporation shall be six percent per annum;
(b)
The maximum term of the loans to the corporation shall be for 20 years;

Retrieval chunks

  • #1 | Financial Code - FIN - FIN § 32820

    The corporation is authorized to borrow money from the fund, subject to the following terms and conditions: (a) The interest rate on loans from the fund to the corporation shall be six percent per annum; (b) The maximum term of the loans to the corporation shall be for 20 years;