Financial Code § 32820
‹ § 32814§ 32820.5 ›Open in browserleginfo ↗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;
(Added by Stats. 1980, Ch. 819, Sec. 1.)