Statute · California Education Code

Cal. Educ. Code § 19979 — Fiscal Provisions

Cal. Educ. Code § 19979

Type
Statute
Source
California Education Code
Jurisdiction
California
Current through
Nov 2, 2026 (California Legislative Counsel)

All money deposited in the fund which 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.

Citator

Cal. Educ. Code § 19979 — Fiscal Provisions is in force in the current edition of the Code, and nothing recorded condemns it.

All money deposited in the fund which 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.