Cal. Ed. Code § 100442

Current through the 2023 Legislative Session.
Section 100442 - Reserve fund

All money deposited in the 1998 State School Facilities Fund, that is derived from premium and accrued interest on bonds sold shall be reserved in the fund and shall be available for transfer to the General Fund as a credit to expenditures for bond interest.

Ca. Educ. Code § 100442

Added by Stats. 1998, Ch. 407, Sec. 16. Approved in Proposition 1A at the November 3, 1998, election.