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Cal. Education Code § 101429

Cal. Education Code § 101429

California · California Education Code · Status: effective

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Cal. Education Code § 101429, California, version 1 as recorded 2026-07-25, yourstate.us, https://yourstate.us/provision/807223
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All moneys deposited in the 2024 State School Facilities Fund that are derived from premium and accrued interest on bonds sold pursuant to this chapter shall be reserved in the fund and shall be available for transfer to the General Fund as a credit to expenditures for bond interest, except those amounts derived from premium may be reserved and used to pay the cost of the bond issuance before any transfer to the General Fund.