Proposition Summary

Amends and renumbers Section 22 of Article XX of the State constitution to provide" subject to limitations the Legislature may impose, that loans over one hundred thousand dollars ($100,000) may be made to corporations or partnerships without regard to restrictions of such section.

Proposition Number

10

Year

1970

Document Type

Proposition

Pass/Fail

Fail

Popular Vote Results

Y: 2388985; A: 44.9; N: 2925815; B: 55.1

Election Type

General Election

Proposition Type

Assembly Constitutional Amendment

For Author

Paul Priolo, Assemblyman; Chairman, Elections and Constitutional Amendments Committee; Joseph Kennick, State Senator; Art Linkletter, Entertainer, and State Chairman for YES on Proposition 10

Against Author

William Campbell, Assemblyman, 50th District

Rebuttal Against Author

Paul Priolo, Assemblyman 60th District; Art Linkletter, Entertainer, and State Chairman for YES on Proposition 10

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