Unallocated funds remaining in the subaccount on March 8, 2000, shall be transferred to, and all money repaid to the state pursuant to any loan contract executed under this article shall be deposited in, the Water Conservation Account in the Safe Drinking Water, Clean Water, Watershed Protection, and Flood Protection Bond Fund for the purposes of entering into additional loans under Article 3 (commencing with Section 79157) and Article 4 (commencing with Section 79161) of Chapter 8 of Division 26.
Cal. Water Code § 78675
Water Conservation and Groundwater Recharge
Known as the Safe, Clean, Reliable Water Supply Act
The act spans §§ 78500–78702 (155 sections).
Repealed and added by Stats. 1999, Ch. 725, Sec. 10
Official source: California Legislative Information. Reproduced from public-domain California statutes; confirm against the official source for the current text. Not legal advice.