Cal. Health & Saf. Code § 54034

Current through the 2023 Legislative Session.
Section 54034 - Disposition of funds

All moneys derived from premiums and accrued interest on bonds sold pursuant to this part shall be transferred to the General Fund as a credit to expenditures for bond interest; provided, however, that amounts derived from premiums may be reserved and used to pay the costs of bond issuance prior to transfer to the General Fund.

Ca. Health and Saf. Code § 54034

Added by Stats 2017 ch 365 (SB 3),s 3, eff. 11/7/2018 (approved by the voters at the 11/6/2018 election).