Cal. Education Code § 19976

California · California Education Code · Status: effective

Cite this

Citation: Cal. Education Code § 19976, California, version 1 as recorded 2026-07-25, yourstate.us, https://yourstate.us/provision/796896
Permanent ID: ys:prov:796896@1
SHA-256: fa3df124cf6a80134b7882dc3f850f85063945846d7487d005c97cc07eb67ce9

The hash is SHA-256 of this version's text, with every run of whitespace collapsed to a single space and the ends trimmed. The ID always leads back here, and checking it says whether the text you cited is still the current version.

Full text

For the purposes of carrying out this chapter, the Director of Finance may authorize the withdrawal from the General Fund of an amount or amounts not to exceed the amount of the unsold bonds which have been authorized to be sold for the purpose of carrying out this chapter. Any amounts withdrawn shall be deposited in the fund. Any money made available under this section shall be returned to the General Fund, with interest at the rate earned by the money in the Pooled Money Investment Account during the time the money was withdrawn from the General Fund pursuant to this section from money received from the sale of bonds for the purpose of carrying out this chapter.