California § 69991. 69991. (Added by Stats. 1997, Ch. 851, Sec. 2.)

California Statutes

§ 69991. — 69991. (Added by Stats. 1997, Ch. 851, Sec. 2.)

California § 69991.

JurisdictionCalifornia

Code EDCEducation Code - EDC

Div.5.

Title 3.DIVISION 5. GENERAL PROVISIONS

Part 42.PART 42. STUDENT FINANCIAL AID PROGRAM

Ch. 2.CHAPTER 2. Student Financial Aid Programs

Art. 19.ARTICLE 19. Golden State Scholarshare Trust Act

This text of California § 69991. (69991. (Added by Stats. 1997, Ch. 851, Sec. 2.)) is published on Counsel Stack Legal Research, covering California primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Cal. Education Code - EDC Code § 69991. (2026).

Text

The assets of the trust, including the program fund, shall at all times be preserved, invested, and expended solely and only for the purposes of the trust and shall be held in trust for the participants and beneficiaries and no property rights therein shall exist in favor of the state.  The assets shall not be transferred or used by the State of California for any purposes other than the purposes of the trust.

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The assets of the trust, including the program fund, shall at all times be preserved, invested, and expended solely and only for the purposes of the trust and shall be held in trust for the participants and beneficiaries and no property rights therein shall exist in favor of the state. The assets shall not be transferred or used by the State of California for any purposes other than the purposes of the trust.

Legislative History

Added by Stats. 1997, Ch. 851, Sec. 2. Effective January 1, 1998.

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California § 69991., Counsel Stack Legal Research, https://law.counselstack.com/statute/ca/EDC/69991..