Section 32820.
Cal. Financial Code - FIN § 32820.
in effectThe corporation is authorized to borrow money from the fund, subject to the following terms and conditions:
(a)
The interest rate on loans from the fund to the corporation shall be six percent per annum;
(b)
The maximum term of the loans to the corporation shall be for 20 years;
Source: CA Legislative Counsel Bulk DataURL: https://downloads.leginfo.legislature.ca.gov/pubinfo_2025.zipFetched: 6/27/2026