California Government Code

§ 99003

GOV § 99003 Effective Oct 28, 2003Title 17 · Ch. 1

Statute text

Unless the context requires otherwise, the following definitions shall govern the construction of this title:

(a)“Accumulated budget deficit” means the estimated negative balance, excluding any projected deficit financing proceeds, of the Special Fund for Economic Uncertainties as of June 30, 2003, as certified by the Director of Finance prior to the issuance of any bonds pursuant to this title.

(b)“Ancillary obligation” means the obligation of the authority under any of the following, entered into by the authority in connection with any bonds issued under this title:

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Legislative history

Added by Stats. 2003, 1st Ex. Sess., Ch. 13, Sec. 2. Effective October 28, 2003.