Cal. Pub. Resources Code § 80170

Current through the 2023 Legislative Session.
Section 80170 - Funds available for transfer to General Fund

All moneys deposited in the fund that are derived from premium and accrued interest on bonds sold pursuant to this division shall be reserved in the fund and shall be available for transfer to the General Fund as a credit to expenditures for bond interest, except that amounts derived from premiums may be reserved and used to pay the cost of bond issuance prior to any transfer to the General Fund.

Ca. Pub. Res. Code § 80170

Added by Stats 2017 ch 852 (SB 5),s 3, eff. upon approval by the voters, 6/5/2018.