{"code":"GOV","codeName":"Government Code","section":"16424","citation":"Gov. Code, § 16424","status":"in-force","lawOn":"2026-09-28","headings":[{"name":"TITLE 2. GOVERNMENT OF THE STATE OF CALIFORNIA [8000. - 22980.]","url":"https://blackletter.si/government-code/title-2"},{"name":"DIVISION 4. FISCAL AFFAIRS [16100. - 17700.]","url":"https://blackletter.si/government-code/title-2/division-4"},{"name":"PART 2. STATE FUNDS [16300. - 16649.95.]","url":"https://blackletter.si/government-code/title-2/division-4/part-2"},{"name":"CHAPTER 2. Special Funds [16346. - 16429.10.]","url":"https://blackletter.si/government-code/title-2/division-4/part-2/chapter-2"},{"name":"ARTICLE 8. Service Revolving Fund [16420. - 16424.]","url":"https://blackletter.si/government-code/title-2/division-4/part-2/chapter-2/article-8"}],"history":"Added by Stats. 1988, Ch. 207, Sec. 1.","effective":null,"html":"<p>The Surplus Personal Property Revolving Fund in the State Treasury, created by Section <a href=\"/pcc/10383.5\">10383.5</a> of the Public Contract Code, is abolished. On January 1, 1989, the Controller shall transfer the assets, liabilities, and surplus in that fund to the Service Revolving Fund. Any reference in state law to the “Surplus Personal Property Revolving Fund” shall mean the Service Revolving Fund.</p>","text":"The Surplus Personal Property Revolving Fund in the State Treasury, created by Section 10383.5 of the Public Contract Code, is abolished. On January 1, 1989, the Controller shall transfer the assets, liabilities, and surplus in that fund to the Service Revolving Fund. Any reference in state law to the “Surplus Personal Property Revolving Fund” shall mean the Service Revolving Fund.","otherVersions":[],"url":"https://blackletter.si/government-code/service-revolving-fund-16424","source":"California Legislative Information bulk export (pubinfo)"}