California Education Code

§ 89721

EDC § 89721 Effective Jan 1, 2025Div. 8 · Title 3 · Part 55 · Ch. 6 · Art. 2

Statute text

Notwithstanding any other law, the chief fiscal officer of each campus of the California State University shall deposit into and maintain in local trust accounts or in trust accounts in accordance with Sections 16305 to 16305.7, inclusive, of the Government Code, or in the California State University Trust Fund, moneys received in connection with the following sources or purposes:

(a)Gifts, bequests, devises, and donations received under Section 89720.

(b)Any student loan or scholarship fund program, including, but not limited to, student loan programs of the state, federal government, including programs referred to in Section 89723, local government, or private sources.

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Legislative history

Amended by Stats. 2024, Ch. 828, Sec. 2. (AB 2395) Effective January 1, 2025.