ARTICLE 6.7. Climate Catalyst Revolving Fund Act of 2020 [63048.91. - 63048.100.]
Heading of Article 6.7 amended by Stats. 2025, Ch. 20, Sec. 28.
§§ 63048.91–63048.100 · 10 sections
- § 63048.91 (a) This chapter shall be known, and may be cited, as the Climate Catalyst Revolving Fund Act of 2020. (b) Notwithstanding any other provision of this…
- § 63048.92 The definitions contained in this section are in addition to the definitions contained in Section 63010 and together with the definitions contained in that…
- § 63048.93 (a) The bank is hereby authorized and empowered to provide financial assistance under the Climate Catalyst Revolving Fund Program to any eligible sponsor or…
- § 63048.94 (a) Annually, commencing January 1, 2023, and no later than January 1 of each year thereafter, the bank shall prepare and submit, as specified in subdivision…
- § 63048.95 (a) (1) There is hereby created in the State Treasury the Climate Catalyst Revolving Fund for the purpose of implementing the objectives and provisions of this…
- § 63048.96 (a) (1) The bank may pledge any or all of the moneys in the Climate Catalyst Revolving Fund as security for payment of the principal of, and interest on, any…
- § 63048.97 (a) The bank may administer and distribute among the accounts and subaccounts created under this article, at its discretion, the proceeds from any general…
- § 63048.98 All costs, liabilities, obligations, and expenses incurred in carrying out the purposes of this article shall be payable solely from funds provided for the…
- § 63048.99 (a) Moneys in the Climate Catalyst Revolving Fund received from the proceeds of bonds issued pursuant to this division may not be transferred to any other fund…
- § 63048.100 (a) Notwithstanding Chapter 2 (commencing with Section 12850) of Part 2.5 of Division 3 of Title 2 and Article 2 (commencing with Section 13320) of Chapter 3…