All money deposited in the fund that is derived from premiums 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. Health & Safety Code § 53531
Fiscal Provisions
Known as the Housing and Emergency Shelter Trust Fund Act
The act spans §§ 53500–53558 (39 sections).
Added by Stats. 2002, Ch. 26, Sec. 8
Official source: California Legislative Information. Reproduced from public-domain California statutes; confirm against the official source for the current text. Not legal advice.