Statute · California Public Resources Code

Cal. Pub. Res. Code § 95011 — Fiscal Provisions

Cal. Pub. Res. Code § 95011

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

Pursuant to the State General Obligation Bond Law, the cost of bond issuance shall be paid or reimbursed out of the bond proceeds, including premiums, if any. To the extent the cost of bond issuance is not paid from premiums received from the sale of bonds, these costs shall be allocated…

Citator

Cal. Pub. Res. Code § 95011 — Fiscal Provisions is in force in the current edition of the Code, and nothing recorded condemns it.

Pursuant to the State General Obligation Bond Law, the cost of bond issuance shall be paid or reimbursed out of the bond proceeds, including premiums, if any. To the extent the cost of bond issuance is not paid from premiums received from the sale of bonds, these costs shall be allocated proportionally to each program funded through this division by the applicable bond sale.