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HomeHarbors and Navigation CodeDiv. 6Pt. 4Ch. 1§ 3903 Harbor Bond Committee Authority

§ 3903 Harbor Bond Committee Authority

Harbors and Navigation Code·California
AI Summary·Official Text·Key Terms·Related Statutes·References
AI SummaryVerified

§ 3903 Harbor Bond Committee Authority

This law sets up a Harbor Improvement Bond Committee made up of three state officials and tells how the committee works.

Key Takeaways

  • •The committee has three members: the State Controller, State Treasurer, and Director of Finance.
  • •The Director of Finance leads the committee.
  • •Any two members can call a meeting, and a majority (at least two) can make decisions for the committee.

Example

The state wants to spend money to repair a broken dock at the harbor.

The State Controller, State Treasurer, and Director of Finance meet as the Harbor Improvement Bond Committee, and a majority of them (at least two) can decide to approve the money.

AI-generated — May contain errors. Not legal advice. Always verify source.

Official Source
View on CA.gov

§ 3903 Harbor Bond Committee Authority

There is in the State Government the Harbor Improvement Bond Committee. The committee shall consist of the State Controller, the State Treasurer, and the Director of Finance. The Director of Finance shall be the chairman of the committee. A majority of the members of the committee shall be empowered to act for the committee. The committee shall hold meetings at such times and places as the chairman shall direct or upon the written request of any two members of the board. (Added by Stats. 1958, 1st Ex. Sess., Ch. 103.)

Last verified: January 11, 2026

Key Terms

Harbor Improvement Bond CommitteeState ControllerState TreasurerDirector of Finance

Related Statutes

  • § 3927 Financial Records Transparency
  • § 3905 Harbor Improvement Bond Funding
  • § 3906 Bond Issuance Authorization Limits
  • § 3912 Bond Interest Rate Determination
  • § 3916 Bond Sale Notice Requirements

References

  • Official text at leginfo.legislature.ca.gov
  • California Legislature. Harbors and Navigation Code. Section 3903.
View Official Source