Statute · California Government Code

Cal. Gov't Code § 17253 — Reimbursement and Refunding Warrants

Cal. Gov't Code § 17253

Type
Statute
Source
California Government Code
Jurisdiction
California
Date
2009-07-28
Current through
Nov 2, 2026 (California Legislative Counsel)

The proceeds of the sale of any registered reimbursement warrant shall be deposited in the State Treasury; an amount equal to its face value shall be credited to the General Cash Revolving Fund; and any premium received shall be deposited in the General Fund and used for the payment of interest…

Citator

Cal. Gov't Code § 17253 — Reimbursement and Refunding Warrants is in force in the current edition of the Code, and nothing recorded condemns it.

The proceeds of the sale of any registered reimbursement warrant shall be deposited in the State Treasury; an amount equal to its face value shall be credited to the General Cash Revolving Fund; and any premium received shall be deposited in the General Fund and used for the payment of interest on the registered reimbursement warrants.