All money deposited in the Economic Recovery Fund that is derived from accrued interest on bonds sold shall be reserved in that fund and shall be available for transfer to the Fiscal Recovery Fund as a credit to expenditures for bond interest.
Cal. Gov. Code § 99074
Bond Provisions
Known as the Economic Recovery Bond Act
The act spans §§ 99050–99077 (17 sections).
Added by Stats. 2003, 5th Ex
Official source: California Legislative Information. Reproduced from public-domain California statutes; confirm against the official source for the current text. Not legal advice.