Statute · California Government Code
Cal. Gov't Code § 8880.65 — State Lottery Fund
Cal. Gov't Code § 8880.65
- Type
- Statute
- Source
- California Government Code
- Jurisdiction
- California
- Date
- 1986-04-16
- Current through
- Nov 2, 2026 (California Legislative Counsel)
Transfer of Net Revenues
Citator
Cal. Gov't Code § 8880.65 — State Lottery Fund is in force in the current edition of the Code, and nothing recorded condemns it.
Transfer of Net Revenues
The funds remaining in the State Lottery Fund after accrual of all revenues to the State Lottery Fund, and after accrual of all obligations of the Lottery for prizes, expenses, and the repayment of any funds advanced from the temporary line of credit for initial startup costs and interest thereon shall be deemed to be the net revenues of the Lottery. The net revenues of the Lottery shall be transferred from the State Lottery Fund not less than quarterly to the California State Lottery Education Fund.