California § 5965.11. 5965.11. (Added by Stats. 2023, Ch. 789, Sec. 4.)

California Statutes

§ 5965.11. — 5965.11. (Added by Stats. 2023, Ch. 789, Sec. 4.)

California § 5965.11.

JurisdictionCalifornia

Code WICWelfare and Institutions Code - WIC

Div. 5.DIVISION 5. COMMUNITY MENTAL HEALTH SERVICES

Part 7.PART 7. Behavioral Health Services and Supports

Ch. 4.CHAPTER 4. Behavioral Health Infrastructure Bond Act of 2024

This text of California § 5965.11. (5965.11. (Added by Stats. 2023, Ch. 789, Sec. 4.)) 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. Welfare and Institutions Code - WIC Code § 5965.11. (2026).

Text

(a)For the purpose of carrying out this chapter, the Director of Finance may authorize the withdrawal from the General Fund of an amount or amounts not to exceed the amount of the unsold bonds that have been authorized by the committee to be sold for the purpose of carrying out this chapter, excluding refunding bonds authorized pursuant to Section 5965.14 less any amount loaned pursuant to Section 5965.12 and not yet repaid, and any amount withdrawn from the General Fund pursuant to this section and not yet returned to the General Fund.

(b)Any amounts withdrawn shall be deposited in the fund.

(c)Any moneys made available under this section shall be returned to the General Fund, with interest at the rate earned by the moneys in the Pooled Money Investment Account, from proceeds r

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(a)
For the purpose of carrying out this chapter, the Director of Finance may authorize the withdrawal from the General Fund of an amount or amounts not to exceed the amount of the unsold bonds that have been authorized by the committee to be sold for the purpose of carrying out this chapter, excluding refunding bonds authorized pursuant to Section 5965.14 less any amount loaned pursuant to Section 5965.12 and not yet repaid, and any amount withdrawn from the General Fund pursuant to this section and not yet returned to the General Fund.
(b)
Any amounts withdrawn shall be deposited in the fund.
(c)
Any
moneys made available under this section shall be returned to the General Fund, with interest at the rate earned by the moneys in the Pooled Money Investment Account, from proceeds received from the sale of bonds for the purpose of carrying out this chapter.