California Statutes

§ 101148. — 101148. (Added November 8, 2016, by initiative Proposition 51, Sec. 3.)

California·Code EDC Education Code - EDC·Div. 14.·Title 3. DIVISION 14. MISCELLANEOUS·Part 70. PART 70. KINDERGARTEN THROUGH COMMUNITY COLLEGE PUBLIC EDUCATION FACILITIES BOND ACT OF 2016·Ch. 3. CHAPTER 3. California Community College Facilities·Art. 3. ARTICLE 3. California Community College Fiscal Provisions
All money deposited in the 2016 California Community College Capital Outlay Bond Fund that 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, except that amounts derived from premium may be reserved and used to pay the cost of the bond issuance prior to any transfer to the General Fund.

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California § 101148. (101148. (Added November 8, 2016, by initiative Proposition 51, Sec. 3.)) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Legislative History

Added November 8, 2016, by initiative Proposition 51, Sec. 3.
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