Cal. Gov. Code § 8878.32

Current through the 2023 Legislative Session.

Section 8878.32 - Monet deposited in fund reserved in fund

All money deposited in the fund which 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. Gov. Code § 8878.32

Added by Stats. 1988, Ch. 27, Sec. 2. Approved in Proposition 77 at the June 7, 1988, election.