{"code":"PRC","codeName":"Public Resources Code","section":"26040","citation":"Pub. Resources Code, § 26040","status":"in-force","lawOn":"2026-09-28","headings":[{"name":"DIVISION 16. CALIFORNIA ALTERNATIVE ENERGY AND ADVANCED TRANSPORTATION FINANCING AUTHORITY ACT [26000. - 26082.]","url":"https://blackletter.si/public-resources-code/division-16"},{"name":"CHAPTER 2. Additional Powers and Duties [26040. - 26040.]","url":"https://blackletter.si/public-resources-code/division-16/chapter-2"}],"history":"Amended by Stats. 1994, Ch. 1218, Sec. 11.   Effective January 1, 1995.","effective":"1995-01-01","html":"<p>(a) The authority may receive and utilize grants or loans from the federal government, a public agency, or any other source for carrying out the purposes of this division.</p><p>(b) The authority may make a commitment to finance a project by a qualified participating party who requests financing from the authority prior to the participating party’s efforts to secure federal matching funds available to promote the development of alternative sources of energy and advanced transportation technologies.</p>","text":"(a) The authority may receive and utilize grants or loans from the federal government, a public agency, or any other source for carrying out the purposes of this division. (b) The authority may make a commitment to finance a project by a qualified participating party who requests financing from the authority prior to the participating party’s efforts to secure federal matching funds available to promote the development of alternative sources of energy and advanced transportation technologies.","otherVersions":[],"url":"https://blackletter.si/public-resources-code/additional-powers-and-duties-26040","source":"California Legislative Information bulk export (pubinfo)"}