Statute · California Government Code

Cal. Gov't Code § 16401.5 — Revolving Funds and Advances

Cal. Gov't Code § 16401.5

Type
Statute
Source
California Government Code
Jurisdiction
California
Date
2026-01-01
Current through
Nov 2, 2026 (California Legislative Counsel)

(a) Notwithstanding Sections 16400 and 16401, the California State Lottery may draw funds from its continuous appropriation for the purpose of making immediate payment through its revolving fund to California State Lottery prizewinners of one hundred thousand dollars ($100,000) or less, provided…

Citator

Cal. Gov't Code § 16401.5 — Revolving Funds and Advances is in force in the current edition of the Code, and nothing recorded condemns it.

(a) Notwithstanding Sections 16400 and 16401, the California State Lottery may draw funds from its continuous appropriation for the purpose of making immediate payment through its revolving fund to California State Lottery prizewinners of one hundred thousand dollars ($100,000) or less, provided that regulations to support the action are adopted by the California State Lottery Commission. The California State Lottery shall be subject to all reporting and compliance requirements mandated by this article.

(b) The California State Lottery shall maintain records of all payments made pursuant to subdivision (a).