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§ 6012. Commercial Paper Notes.

4 CA ADC § 6012Barclays Official California Code of Regulations

Barclays California Code of Regulations
Title 4. Business Regulations
Division 9.6. California Debt and Investment Advisory Commission
Chapter 1. General Provisions
Article 2. Report of Proposed Debt Issuance
4 CCR § 6012
§ 6012. Commercial Paper Notes.
A Report of Proposed Debt Issuance must be submitted to the Commission for an Issue of commercial paper notes no later than 30 days prior to the date of Sale or immediately upon the decision by the Issuer to Issue if that decision occurs less than 30 days prior to the date of Sale. The requirement to submit a Report of Proposed Debt Issuance shall not include an Issue of commercial paper notes from which all proceeds are proposed to be used solely for the purpose of repaying commercial paper notes and any applicable costs of issuance. If the proceeds from an Issue of commercial paper notes are proposed to be used for purposes other than repayment of commercial paper notes and any applicable costs of issuance, a Report of Proposed Debt Issuance shall be submitted to the Commission to report the amount of the Issue that will be used for purposes other than the repayment of commercial paper notes.

Credits

Note: Authority cited: Section 8855(e), Government Code. Reference: Sections 5922(b), 6588.7(e)(2), 6599.1(a), 8855(h)(3), 8855(i) and 53359.5(a), Government Code; Section 15146(e), Education Code; and Section 20560.2, Water Code.
History
1. New section filed 2-28-2017; operative 4-1-2017 (Register 2017, No. 9).
This database is current through 4/26/24 Register 2024, No. 17.
Cal. Admin. Code tit. 4, § 6012, 4 CA ADC § 6012
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