CHAPTER 2. California Fiscal Recovery Financing Authority [99004. - 99007.]

Chapter 2 added by Stats. 2003, 1st Ex. Sess., Ch. 13, Sec. 2.

§§ 99004–99007 · 4 sections

• § 99004 (a) The California Fiscal Recovery Financing Authority is hereby created in state government solely for the purpose of the issuance and sale of the bonds and…
• § 99005 The authority may do all of the following: (a) Sue and be sued. (b) Issue taxable or tax-exempt bonds for the purpose of funding the accumulated budget deficit…
• § 99006 (a) The Director of Finance shall, as chairperson of the authority, take all actions necessary to have included in the annual Governor’s Budget for each fiscal…
• § 99007 Section 10295 of, and Article 4 (commencing with Section 10335) of Chapter 2 of Part 2 of Division 2 of, the Public Contract Code do not apply to agreements…