Cal. Code Regs. tit. 2 § 1859.324.2

Current through Register 2024 Notice Reg. No. 50, December 13, 2024

Section 1859.324.2 - Interest Earned on ERP Grants

All interest earned on ERP Grant funds provided pursuant to Section 1859.324 shall be:

(a) Applied to eligible project costs for the project, as approved by the SAB, and pursuant to Section 1859.323; or

(b) Returned to the State.

Cal. Code Regs. Tit. 2, § 1859.324.2

1. New section filed 8-31-2009; operative 8-31-2009 pursuant to Government Code section 11343.4 (Register 2009, No. 36).

Note: Authority cited: Section 17592.73, Education Code. Reference: Sections 17592.72 and 17592.73, Education Code.

1. New section filed 8-31-2009; operative 8-31-2009 pursuant to Government Code section 11343.4 (Register 2009, No. 36).