California Law (Last Updated: March 4, 2014) |
Government Code - GOV |
Title 2. GOVERNMENT OF THE STATE OF CALIFORNIA |
Division 4. FISCAL AFFAIRS |
Part 3. STATE BONDS |
Chapter 8. The California Pension Restructuring Bond Act of 2004 |
ARTICLE 2. Issuance of Bonds to Finance the Program |
Section 16946.
Latest version.
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Every issue of bonds, and any ancillary obligation entered into with respect to those bonds, shall be a debt and liability of the state payable from the General Fund of the state or, in the case of bond anticipation notes, payable from the proceeds of bonds to be issued pursuant to this chapter.
(Added by Stats. 2004, Ch. 215, Sec. 4. Effective August 11, 2004.)