California Statutes

§ 125291.110. — 125291.110. (Added November 3, 2020, by initiative Proposition 14, Sec. 24.)

California·Code HSC Health and Safety Code - HSC·Div. 106. DIVISION 106. PERSONAL HEALTH CARE (INCLUDING MATERNAL, CHILD, AND ADOLESCENT)·Part 5. PART 5. HEREDITARY DISEASES/CONGENITAL DEFECTS·Ch. 3. CHAPTER 3. California Stem Cell Research and Cures Bond Act·Art. 2.5. ARTICLE 2.5. California Stem Cell Research, Treatments, and Cures Bond Act of 2020
Bonds in the total amount of five billion five hundred million dollars ($5,500,000,000), not including the amount of any refunding bonds issued in accordance with Section 125291.155, or as much thereof as is necessary, may be issued and sold to provide a fund to be used for carrying out the purposes expressed in this article, to be used and sold for carrying out the purposes of Section 125291.100, and to reimburse the General Obligation Bond Expense Revolving Fund pursuant to Section 16724.5 of the Government Code. The bonds, when sold, shall be and shall constitute a valid and binding obligation of the state, and the full faith and credit of the state is hereby pledged for the punctual payment of both the principal of, and interest on, the bonds as the principal and interest become due an

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California § 125291.110. (125291.110. (Added November 3, 2020, by initiative Proposition 14, Sec. 24.)) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Legislative History

Added November 3, 2020, by initiative Proposition 14, Sec. 24. Effective on December 16, 2020.

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