ARTICLE 3. Small Business Financing [91560. - 91562.]

Heading of Article 3 renumbered from Article 4 by Stats. 2018, Ch. 645, Sec. 6.

§§ 91560–91562 · 4 sections

• § 91560 (a) The Legislature finds and declares that small businesses may have difficulty establishing adequate security for bonds issued by an authority in their…
• § 91561.3 Each local authority may enter into joint powers agreements with other local authorities to issue pooled bonds in response to small business loan requests.
• § 91561.5 For purposes of this article, “small business” means small business as defined in Section 14837.
• § 91562 A small business loan issued pursuant to this chapter, shall be for no less than seventy-five thousand dollars ($75,000), nor more than five hundred thousand…