{"code":"RTC","codeName":"Revenue and Taxation Code","section":"38908","citation":"Rev. & Tax. Code, § 38908","status":"in-force","lawOn":"2026-09-28","headings":[{"name":"DIVISION 2. OTHER TAXES [6001. - 61050.]","url":"https://blackletter.si/revenue-and-taxation-code/division-2"},{"name":"PART 18.5. TIMBER YIELD TAX [38101. - 38908.]","url":"https://blackletter.si/revenue-and-taxation-code/division-2/part-18.5"},{"name":"CHAPTER 10. Disposition of Proceeds [38901. - 38908.]","url":"https://blackletter.si/revenue-and-taxation-code/division-2/part-18.5/chapter-10"}],"history":"Amended by Stats. 1982, Ch. 1058, Sec. 9.","effective":null,"html":"<p>Local governmental entities which are allocated funds pursuant to Section 38905 or <a href=\"/rtc/38905.1\">38905.1</a> may expend such funds without restriction.</p>","text":"Local governmental entities which are allocated funds pursuant to Section 38905 or 38905.1 may expend such funds without restriction.","otherVersions":[],"url":"https://blackletter.si/revenue-and-taxation-code/disposition-of-proceeds-38908","source":"California Legislative Information bulk export (pubinfo)"}