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Code · California · Government Code

§ 23010.2

55 words·~1 min read·/ca/government-code/23010-2

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The board of supervisors may loan to any city within its limits which has been incorporated for less than one year an amount not exceeding eighty-five percent (85%) of the city’s anticipated revenues for the fiscal year in which such loan is made. Such loans shall be repaid within the fiscal year in which made.
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