Cal. Ed. Code § 101058

Current through the 2023 Legislative Session.

Section 101058 - Reserve fund

All money deposited in the 2006 University 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.

Ca. Educ. Code § 101058

Added by Stats 2006 ch 35 (AB 127),s 16, eff. 5/20/2006. The voters approved this proposition at the November, 2006 general election.