California Health and Safety Code

§ 125291.25

HSC § 125291.25Div. 106 · Part 5 · Ch. 3 · Art. 2

Statute text

The proceeds of interim debt and bonds issued and sold pursuant to this article shall be deposited in the State Treasury to the credit of the California Stem Cell Research and Cures Fund, which is hereby created in the State Treasury, except to the extent that proceeds of the issuance of bonds are used directly to repay interim debt.

Legislative history

Added November 2, 2004, by initiative Proposition 71, Sec. 5.