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.
Cal. Water Code § 79217
Fiscal Provisions
Known as the Costa-Machado Water Act
The act spans §§ 79000–79222 (267 sections).
Added by Stats. 1999, Ch. 725, Sec. 1
Official source: California Legislative Information. Reproduced from public-domain California statutes; confirm against the official source for the current text. Not legal advice.