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, except the amounts derived from premium may be reserved and used to pay costs of issuance prior to any transfer to the General Fund.
Cal. Health & Safety Code § 125291.150
California Stem Cell Research, Treatments, and Cures Bond Act of 2020
Known as the California Stem Cell Research, Treatments, and Cures Bond Act
The act spans §§ 125291–125291 (16 sections).
Added November 3, 2020, by initiative Proposition 14, Sec. 24
Official source: California Legislative Information. Reproduced from public-domain California statutes; confirm against the official source for the current text. Not legal advice.