California Education Code

§ 101038

EDC § 101038Div. 14 · Title 3 · Part 69 · Ch. 3 · Art. 3

Statute text

All money deposited in the 2006 California Community College Capital Outlay Bond Fund that is derived from premium and accrued interest on bonds sold shall be reserved in the fund and shall be available for transfer to the General Fund as a credit to expenditures for bond interest.

Legislative history

Added by Stats. 2006, Ch. 35, Sec. 16. Approved in Proposition 1D at the November 7, 2006, election.