BlackletterCalifornia law

Government Code § 16946

ARTICLE 2. Issuance of Bonds to Finance the Program

Current as of September 28, 2026Gov. Code, § 16946Official source ↗

Added by Stats. 2004, Ch. 215, Sec. 4. Effective August 11, 2004.

Every issue of bonds, and any ancillary obligation entered into with respect to those bonds, shall be a debt and liability of the state payable from the General Fund of the state or, in the case of bond anticipation notes, payable from the proceeds of bonds to be issued pursuant to this chapter.