§ 12885
78 words·~1 min read·
/ca/water-code/12885A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
The department is authorized to make state loans to public agencies for the construction of projects from moneys available for such loans. Loans in excess of four million dollars ($4,000,000) for any one project may be made by the department only upon specific approval of the Legislature, by an act enacted after the receipt of copies of the project report filed pursuant to Section 12882. 4 and upon such additional terms and conditions as the Legislature may prescribe.