Government Code § 8878.116

ARTICLE 5. Fiscal Provisions

Current as of September 28, 2026Gov. Code, § 8878.116Official source ↗

Added by Stats. 1990, Ch. 23, Sec. 2. Approved in Proposition 122 at the June 5, 1990, election.

All moneys derived from premium and accrued interest on bonds sold shall be reserved and shall be available for transfer to the General Fund as a credit to expenditures for bond interest.