California Law (Last Updated: March 4, 2014) |
Education Code - EDC |
Title 3. POSTSECONDARY EDUCATION |
Division 14. MISCELLANEOUS |
Part 68. PUBLIC EDUCATION BONDS |
Chapter 2. Kindergarten Through 12th Grade |
ARTICLE 2. Kindergarten Through 12th Grade School Facilities Fiscal Provisions |
Section 100442.
Latest version.
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All money deposited in the 1998 State School Facilities 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.
(Added by Stats. 1998, Ch. 407, Sec. 16. Approved November 3, 1998, by adoption of Proposition 1A.)