California Statutes

§ 157.2. — 157.2. (Amended by Stats. 2015, Ch. 12, Sec. 10.)

California § 157.2.
JurisdictionCalifornia
Code SHCStreets and Highways Code - SHC
Div. 1.DIVISION 1. STATE HIGHWAYS
Ch. 1.CHAPTER 1. Administration
Art. 3.7.ARTICLE 3.7. Clean Renewable Energy Bonds for the Department of Transportation

This text of California § 157.2. (157.2. (Amended by Stats. 2015, Ch. 12, Sec. 10.)) 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.

Bluebook
Cal. Streets and Highways Code - SHC Code § 157.2. (2026).

Text

(a)The net proceeds of bonds issued under this article shall be deposited in the Clean Renewable Energy Bonds Subaccount, which is hereby established as a special trust fund in the Special Deposit Fund created pursuant to Section 16370 of the Government Code.
(b)On or before July 1, 2015, any remaining moneys in the subaccount shall be transferred to the State Highway Account in the State Transportation Fund.

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Legislative History

Amended by Stats. 2015, Ch. 12, Sec. 10. (AB 95) Effective June 24, 2015.

Nearby Sections

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