The net proceeds of bonds issued and sold pursuant to this chapter shall be deposited in the Pension Obligation Bond Fund established pursuant to Section 16929.
Cal. Gov. Code § 16954
Issuance of Bonds to Finance the Program
Known as the California Pension Restructuring Bond Act
The act spans §§ 16940 to 16960 (20 sections).
Added by Stats. 2004, Ch. 215, Sec. 4
Official source: California Legislative Information. Reproduced from public-domain California statutes; confirm against the official source for the current text. Not legal advice.