Education Code § 19979

ARTICLE 3. Fiscal Provisions

Current as of September 28, 2026Ed. Code, § 19979Official source ↗

Added by Stats. 1988, Ch. 49, Sec. 1. Approved in Proposition 85 at the November 8, 1988, election.

All money deposited in the fund which is derived from premium and accrued interest on bonds sold shall be reserved in the fund and shall be available for transfer to the General Fund as a credit to expenditures for bond interest.