California Statutes
§ 79795. — 79795. (Added by Stats. 2014, Ch. 188, Sec. 8.)
California·Code WAT Water Code - WAT·Div. 26.7. DIVISION 26.7. Water Quality, Supply, and Infrastructure Improvement Act of 2014·Ch. 12. CHAPTER 12. Fiscal Provisions
All moneys deposited in the fund that are derived from premium and accrued interest on bonds sold pursuant to this division shall be reserved in the fund and shall be available for transfer to the General Fund as a credit to expenditures for bond interest, except that amounts derived from premium may be reserved and used to pay the cost of bond issuance prior to any transfer to the General Fund.
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California § 79795. (79795. (Added by Stats. 2014, Ch. 188, Sec. 8.)) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
Added by Stats. 2014, Ch. 188, Sec. 8. (AB 1471) Approved in Proposition 1 at the November 4, 2014, election.