{"code":"PUC","codeName":"Public Utilities Code","section":"103581","citation":"Pub. Util. Code, § 103581","status":"in-force","lawOn":"2026-09-28","headings":[{"name":"DIVISION 10. TRANSIT DISTRICTS [24501. - 107025.]","url":"https://blackletter.si/public-utilities-code/division-10"},{"name":"PART 15. SAN MATEO COUNTY TRANSIT DISTRICT [103000. - 103700.]","url":"https://blackletter.si/public-utilities-code/division-10/part-15"},{"name":"CHAPTER 7. Bonds and Other Evidences of Indebtedness [103500. - 103602.]","url":"https://blackletter.si/public-utilities-code/division-10/part-15/chapter-7"},{"name":"ARTICLE 5. Temporary Borrowing [103580. - 103583.]","url":"https://blackletter.si/public-utilities-code/division-10/part-15/chapter-7/article-5"}],"history":"Added by Stats. 1974, Ch. 502.","effective":null,"html":"<p>At any time prior to the first receipt by the district of revenues from taxation, the county may lend any available money to the district for the purposes of organization and operation. Such expenditures shall constitute a proper expenditure of county funds. Such loans may bear interest.</p>","text":"At any time prior to the first receipt by the district of revenues from taxation, the county may lend any available money to the district for the purposes of organization and operation. Such expenditures shall constitute a proper expenditure of county funds. Such loans may bear interest.","otherVersions":[],"url":"https://blackletter.si/public-utilities-code/temporary-borrowing-103581","source":"California Legislative Information bulk export (pubinfo)"}