California Statutes
§ 11872. — 11872. (Amended by Stats. 2016, Ch. 31, Sec. 85.)
California·Code GOV Government Code - GOV·Div. 3.·Title 2. DIVISION 3. EXECUTIVE DEPARTMENT·Part 1. PART 1. STATE DEPARTMENTS AND AGENCIES·Ch. 10. CHAPTER 10. The Financial Information System for California (FISCal)·Art. 3. ARTICLE 3. Funding and Accounts
(a)The FISCal Consolidated Payment Fund is created in the State Treasury for the purpose of allowing the Controller to issue consolidated payments, excluding payroll, to any payee, of costs that are chargeable to appropriations made from other funds in the State Treasury, thereby allowing for efficient processing through the system of payments.
(b)The amounts to be disbursed from the FISCal Consolidated Payment Fund shall be transferred by the Controller, from the funds and appropriations otherwise chargeable therewith, to the FISCal Consolidated Payment Fund prior to the time of disbursement. All amounts in the FISCal Consolidated Payment Fund that are derived from abatements, refunds of amounts disbursed, returned
warrants, or the cancellation of warrants issued from the FISCal C
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California § 11872. (11872. (Amended by Stats. 2016, Ch. 31, Sec. 85.)) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
Amended by Stats. 2016, Ch. 31, Sec. 85. (SB 836) Effective June 27, 2016.