California Law (Last Updated: March 4, 2014) |
Health and Safety Code - HSC |
Division 31. HOUSING AND HOME FINANCE |
Part 11. HOUSING AND EMERGENCY SHELTER TRUST FUND ACT OF 2002 |
Chapter 3. Fiscal Provisions |
Section 53531.
Latest version.
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All money deposited in the fund that is derived from premiums 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. 2002, Ch. 26, Sec. 8. Approved November 5, 2002, by adoption of Proposition 46.)