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Cal. Educ. Code § 100642

Kindergarten Through 12th Grade School Facilities Fiscal Provisions

Added by Stats. 2002, Ch. 33, Sec. 30

All money deposited in the 2002 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.

Official source: California Legislative Information. Reproduced from public-domain California statutes; confirm against the official source for the current text. Not legal advice.