California Statutes

§ 89721. — 89721. (Amended by Stats. 2024, Ch. 828, Sec. 2.)

California·Code EDC Education Code - EDC·Div. 8.·Title 3. DIVISION 8. CALIFORNIA STATE UNIVERSITY·Part 55. PART 55. CALIFORNIA STATE UNIVERSITY·Ch. 6. CHAPTER 6. Finance·Art. 2. ARTICLE 2. Revenues

Notwithstanding any other law, the chief fiscal officer of each campus of the California State University shall deposit into and maintain in local trust accounts or in trust accounts in accordance with Sections 16305 to 16305.7, inclusive, of the Government Code, or in the California State University Trust Fund, moneys received in connection with the following sources or purposes:

(a)Gifts, bequests, devises, and donations received under Section 89720.
(b)Any student loan or scholarship fund program, including, but not limited to, student loan programs of the state, federal government, including programs referred to in Section 89723, local government, or private sources.
(c)Advance payment for anticipated expenditures or encumbrances in connection with federal grants or contracts.

Free access — add to your briefcase to read the full text and ask questions with AI

California § 89721. (89721. (Amended by Stats. 2024, Ch. 828, Sec. 2.)) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Legislative History

Amended by Stats. 2024, Ch. 828, Sec. 2. (AB 2395) Effective January 1, 2025.
View on official source ↗