2016 California Code
Public Resources Code - PRC
DIVISION 4 - FORESTS, FORESTRY AND RANGE AND FORAGE LANDS
PART 2 - PROTECTION OF FOREST, RANGE AND FORAGE LANDS
CHAPTER 8 - Z'berg-Nejedly Forest Practice Act of 1973
ARTICLE 9.5 - Timber Regulation and Forest Restoration Fund
Section 4629.11.
4629.11. (a) Notwithstanding any other law, the revenues in any fiscal year may be accounted for on an accrued basis. The department may borrow against anticipated revenues to the fund to meet cashflow needs.
(b) Notwithstanding any other law, a loan obtained pursuant to subdivision (a) shall be interest free. The department shall repay the loan in a timely manner from reserves received into the fund.
(Added by Stats. 2012, Ch. 289, Sec. 3. Effective September 11, 2012.)
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