California § 998.556. 998.556. (Added by Stats. 2013, Ch. 727, Sec. 1.)

California Statutes

§ 998.556. — 998.556. (Added by Stats. 2013, Ch. 727, Sec. 1.)

California·Code MVC Military and Veterans Code - MVC·Div. 4. DIVISION 4. VETERANS' AID AND WELFARE·Ch. 6. CHAPTER 6. State Benefits for Veterans·Art. 5y. ARTICLE 5y. The Veterans Housing and Homeless Prevention Bond Act of 2014

Notwithstanding any other provision of this article, or of the State General Obligation Bond Law, the Treasurer may maintain separate accounts for the investment of bond proceeds and for the investment of earnings on those proceeds. The Treasurer may use or direct the use of those proceeds or earnings to pay any rebate, penalty, or other payment required under federal law or take any
				other action with respect to the investment and use of those bond proceeds required or desirable under federal tax law or to obtain any other advantage under federal law on behalf of the funds of this state.

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Notwithstanding any other provision of this article, or of the State General Obligation Bond Law, the Treasurer may maintain separate accounts for the investment of bond proceeds and for the investment of earnings on those proceeds. The Treasurer may use or direct the use of those proceeds or earnings to pay any rebate, penalty, or other payment required under federal law or take any
other action with respect to the investment and use of those bond proceeds required or desirable under federal tax law or to obtain any other advantage under federal law on behalf of the funds of this state.

California § 998.556. (998.556. (Added by Stats. 2013, Ch. 727, Sec. 1.)) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.