Cal. Mil. & Vet. Code § 998.611

Current through the 2024 Legislative Session.

Section 998.611 - Disposition oof first money realized

Out of the first money realized from the sale of bonds as provided herein, there shall be redeposited in the General Obligation Bond Expense Revolving Fund, established by Section 16724.5 of the Government Code, the amount of all expenditures made for the purposes specified in that section, and this money may be used for the same purpose and repaid in the same manner whenever additional bond sales are made.

Ca. Mil. and Vet. Code § 998.611

Added by Stats 2017 ch 365 (SB 3),s 4, eff. 11/7/2018 (approved by the voters at the 11/6/2018 election).