Statute · California Education Code
Cal. Educ. Code § 101139 — Kindergarten Through 12th Grade School Facilities Fiscal Provisions
Cal. Educ. Code § 101139
- Type
- Statute
- Source
- California Education Code
- Jurisdiction
- California
- Current through
- Nov 2, 2026 (California Legislative Counsel)
All money deposited in the 2016 State School Facilities 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 that amounts derived from…
Citator
Cal. Educ. Code § 101139 — Kindergarten Through 12th Grade School Facilities Fiscal Provisions is in force in the current edition of the Code, and nothing recorded condemns it.
All money deposited in the 2016 State School Facilities 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 that amounts derived from premium may be reserved and used to pay the cost of the bond issuance prior to any transfer to the General Fund.