Statute · California Government Code

Cal. Gov't Code § 16363 — Federal Trust Fund

Cal. Gov't Code § 16363

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

Whenever any agency receives money from the United States for expenditure by the state and no specific State Treasury fund has been created to which this money is to be credited, the money shall be credited to the Federal Trust Fund and shall be held subject to the right of the state agency to…

Citator

Cal. Gov't Code § 16363 — Federal Trust Fund is in force in the current edition of the Code, and nothing recorded condemns it.

Whenever any agency receives money from the United States for expenditure by the state and no specific State Treasury fund has been created to which this money is to be credited, the money shall be credited to the Federal Trust Fund and shall be held subject to the right of the state agency to recover it, on claims properly presented, for fulfilling the purposes for which the money was collected or received.