Cal. Ed. Code § 19979

Current through the 2023 Legislative Session.

Section 19979 - Transfer of money to general fund

All money deposited in the fund which 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.

Ca. Educ. Code § 19979

Added by Stats. 1988, Ch. 49, Sec. 1. Approved in Proposition 85 at the November 8, 1988, election.