Cal. Mil. & Vet. Code § 996.981

Current through the 2024 Legislative Session.
Section 996.981 - Proceeds of sale of bonds to be redeposited in the General Obligation Bond Expense Revolving Fund

Whenever bonds are sold, out of the first money realized from their sale, there shall be redeposited in the General Obligation Bond Expense Revolving Fund established by Section 16724.5 of the Government Code such sums as have been expended for the purposes specified in Section 16724.5 of the Government Code, which may be used for the same purpose and repaid in the same manner whenever additional sales are made.

Ca. Mil. and Vet. Code § 996.981

Added by Stats. 1967, Ch. 1572. Approved in Proposition 1 at the June 4, 1968, election.