California Law (Last Updated: March 4, 2014) |
Government Code - GOV |
Title 6. DISTRICTS |
Division 1. GENERAL |
Chapter 9.5. California Special District Consolidation Assistance Program |
Section 60356.
Latest version.
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The board of supervisors may cancel the repayment of any loan made pursuant to this chapter for special districts which successfully complete a consolidation, merger, or reorganization. If the board of supervisors cancels a loan, it shall be considered a grant and no repayment shall be required.
(Added by Stats. 1984, Ch. 1392, Sec. 1.)