Cal. Ed. Code § 100950

Current through the 2023 Legislative Session.

Section 100950 - Reserve fund

All money deposited in the 2004 Higher Education Capital Outlay Bond 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 § 100950

Added by Stats 2002 ch 33 (AB 16),s 31, approved 3/2/2004, Proposition 55 (click here to link to text of proposition 55).