Cal. Gov. Code § 17253

Current through the 2023 Legislative Session.
Section 17253 - Deposit of proceeds of sale

The proceeds of the sale of any registered reimbursement warrant shall be deposited in the State Treasury; an amount equal to its face value shall be credited to the General Cash Revolving Fund; and any premium received shall be deposited in the General Fund and used for the payment of interest on the registered reimbursement warrants.

Ca. Gov. Code § 17253

Amended by Stats 2009 ch 23 (SB 116),s 9, eff. 7/28/2009.