Statute · California Penal Code

Cal. Penal Code § 7412 — New Prison Construction Bond Act of 1988

Cal. Penal Code § 7412

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

All proceeds from the sale of bonds, except those derived from premiums and accrued interest, shall be available for the purpose provided in Section 7406 but shall not be available for transfer to the General Fund to pay the principal of and interest on bonds. The money in the fund may be…

Citator

Cal. Penal Code § 7412 — New Prison Construction Bond Act of 1988 is in force in the current edition of the Code, and nothing recorded condemns it.

All proceeds from the sale of bonds, except those derived from premiums and accrued interest, shall be available for the purpose provided in Section 7406 but shall not be available for transfer to the General Fund to pay the principal of and interest on bonds. The money in the fund may be expended only as herein provided.