California Law (Last Updated: March 4, 2014) |
Government Code - GOV |
Title 2. GOVERNMENT OF THE STATE OF CALIFORNIA |
Division 1. GENERAL |
Chapter 12.45. California Earthquake Safety and Housing Rehabilitation Bond Act of 1988 |
ARTICLE 3. Fiscal Provisions |
Section 8878.32.
Latest version.
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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.
(Added by Stats. 1988, Ch. 27, Sec. 2. Approved June 7, 1988, by adoption of Proposition 77.)