All money deposited in the 2006 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.
Cal. Educ. Code § 101029
Kindergarten Through 12th Grade School Facilities Fiscal Provisions
Known as the Kindergarten-University Public Education Facilities Bond Act
The act spans §§ 100800–101060 (78 sections).
Added by Stats. 2006, Ch. 35, Sec. 16
Official source: California Legislative Information. Reproduced from public-domain California statutes; confirm against the official source for the current text. Not legal advice.