The department shall return the appropriation made by Chapter 12 of the Statutes of 1935, or so much thereof as is used, with interest thereon at the rate of 4 percent per annum to the General Fund in the State Treasury from the proceeds of the first sale of revenue bonds issued for the construction of the project under the provisions of this part.
Cal. Water Code § 11714
General Provisions
Applied in 1 court decision — leading case 60 Cal. 2d 579 - Warne v. Harkness (1963)
Most recently applied in 60 Cal. 2d 579 - Warne v. Harkness (December 1963)
Amended by Stats. 1957, Ch. 1932.
Official source: California Legislative Information. Reproduced from public-domain California statutes; confirm against the official source for the current text. Not legal advice.