All money deposited in the 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 § 67359.1
Fiscal Provisions
Known as the Higher Education Facilities Bond Act
The act spans §§ 67330 to 67359.5 (56 sections).
Added by Stats. 1992, Ch. 13, 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.