California § 8880.65. 8880.65. (Amended by Stats. 1986, Ch. 55, Sec. 23.)

California Statutes

§ 8880.65. — 8880.65. (Amended by Stats. 1986, Ch. 55, Sec. 23.)

California § 8880.65.

JurisdictionCalifornia

Code GOVGovernment Code - GOV

Div.1.

Title 2.DIVISION 1. GENERAL

Ch. 12.5.CHAPTER 12.5. [California State Lottery Act of 1984]

Art. 7.ARTICLE 7. State Lottery Fund

This text of California § 8880.65. (8880.65. (Amended by Stats. 1986, Ch. 55, Sec. 23.)) 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.

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Cal. Government Code - GOV Code § 8880.65. (2026).

Text

Transfer of Net Revenues
The funds remaining in the State Lottery Fund after accrual of all revenues to the State Lottery Fund, and after accrual of all obligations of the Lottery for prizes, expenses, and the repayment of any funds advanced from the temporary line of credit for initial startup costs and interest thereon shall be deemed to be the net revenues of the Lottery.  The net revenues of the Lottery shall be transferred from the State Lottery Fund not less than quarterly to the California State Lottery Education Fund.

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Transfer of Net Revenues
The funds remaining in the State Lottery Fund after accrual of all revenues to the State Lottery Fund, and after accrual of all obligations of the Lottery for prizes, expenses, and the repayment of any funds advanced from the temporary line of credit for initial startup costs and interest thereon shall be deemed to be the net revenues of the Lottery. The net revenues of the Lottery shall be transferred from the State Lottery Fund not less than quarterly to the California State Lottery Education Fund.