California Statutes

§ 11270.1. — 11270.1. (Amended by Stats. 2016, Ch. 31, Sec. 74.)

California·Code GOV Government Code - GOV·Div. 3.·Title 2. DIVISION 3. EXECUTIVE DEPARTMENT·Part 1. PART 1. STATE DEPARTMENTS AND AGENCIES·Ch. 3. CHAPTER 3. Interagency Services and Transactions·Art. 2. ARTICLE 2. General Administrative Costs
(a)The Central Service Cost Recovery Fund is hereby created in the State Treasury. The Central Service Cost Recovery Fund shall consist of those amounts transferred in accordance with Section 11274, and any interest earnings. Money in the Central Service Cost Recovery Fund shall be appropriated for the administration of the state government, as determined or redetermined by the Department of Finance in accordance with this article and Sections 13332.02 and 13332.03.
(b)Unless otherwise authorized by law, moneys in the Central Service Cost Recovery Fund, to the extent not currently required to fund any appropriation, shall not be used, loaned, borrowed, assessed, allocated, or transferred unless approved by the Department of Finance, except for cashflow borrowing by the General Fund

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California § 11270.1. (11270.1. (Amended by Stats. 2016, Ch. 31, Sec. 74.)) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Legislative History

Amended by Stats. 2016, Ch. 31, Sec. 74. (SB 836) Effective June 27, 2016.

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