ARTICLE 2. Organization of Authority and General Powers and Duties Thereof [26004. - 26017.]

Article 2 added by Stats. 1980, Ch. 908, Sec. 1.

§§ 26004–26017 · 12 sections

• § 26004 (a) There is in the state government the California Alternative Energy and Advanced Transportation Financing Authority. The authority constitutes a public…
• § 26005 All members of the authority shall serve thereon without compensation as members of the authority.
• § 26006 The provisions of this division shall be administered by the authority which shall have and is hereby vested with all powers reasonably necessary to carry out…
• § 26007 The authority shall maintain an office in the City of Sacramento.
• § 26008 The authority may employ an executive director and any other persons as are necessary to enable it properly to perform the duties imposed upon it by this…
• § 26009 The authority may adopt, amend, or repeal all rules and regulations necessary to carry out this division as emergency regulations in accordance with the…
• § 26010 (a) The Attorney General shall be the legal counsel for the authority, but with the approval of the Attorney General, the authority may employ such legal…
• § 26011 The authority is authorized and empowered: (a) To adopt an official seal. (b) To sue and be sued in its own name. (c) To issue bonds, notes, bond anticipation…
• § 26011.8 (a) The purpose of this section is to promote the creation of California-based manufacturing, high-quality California-based jobs, advanced manufacturing, the…
• § 26014 When the principal of and interest on bonds of the authority issued to finance or refund the cost of a particular project for a participating party shall have…
• § 26015 (a) The authority, or the executive director of the authority, if authorized to do so by resolution of the authority, shall take official action towards the…
• § 26017 The authority, no later than March 31 of each year, shall submit to the Legislature a report of its activities for the preceding calendar year ending December…