All money deposited in the State School Building Lease-Purchase Fund, the Education Technology Fund, and the 1996 Higher Education Capital Outlay Bond 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.
Cal. Educ. Code § 100170
Fiscal Provisions
Known as the Public Education Facilities Bond Act
The act spans §§ 100000–100185 (24 sections).
Added by Stats. 1996, Ch. 1, Sec. 1
Official source: California Legislative Information. Reproduced from public-domain California statutes; confirm against the official source for the current text. Not legal advice.