California Health and Safety Code 53113 – The corporation may accept and administer grants, subsidies, loans, …
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The corporation may accept and administer grants, subsidies, loans, loan guarantees, and other special programs as may be established for that purpose by the Public Utilities Commission, State Energy Resources Conservation and Development Commission, or any other federal or state agency. However, the corporation shall not be required to accept any administration which would require operation at a loss to the corporation.
(Added by Stats. 1981, Ch. 1033.)
Terms Used In California Health and Safety Code 53113
- Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
- State: means the State of California, unless applied to the different parts of the United States. See California Health and Safety Code 23