Penal Code § 7310

CHAPTER 14. New Prison Construction Bond Act of 1986

Current as of September 28, 2026Pen. Code, § 7310Official source ↗

Added by Stats. 1986, Ch. 409, Sec. 1. Approved in Proposition 54 at the November 4, 1986, election.

All proceeds from the sale of bonds, except those derived from premiums and accrued interest, shall be available for the purpose provided in Section 7306 but shall not be available for transfer to the General Fund to pay principal and interest on bonds. The money in the fund may be expended only as herein provided.