ARTICLE 3. Revenue Fund
Article 3 added by Stats. 1943, Ch. 370.
§§ 11815–11823 · 9 sections
- § 11815 There is in the State Treasury the Central Valley Water Project Revenue Fund which is continued in existence.
- § 11816 All revenues received from the operation of the project shall be paid over by the department at least monthly to the State Treasurer.
- § 11817 The State Treasurer shall deposit the revenues to the credit of the revenue fund as demand deposits in a depositary authorized by law to receive deposits of…
- § 11818 The revenue fund shall at all times be kept segregated and set apart from all other funds.
- § 11819 All appropriations and contributions received from the United States, the State, any State agency, any political subdivision, or from any other source for the…
- § 11820 After the expiration of one year after the completion of the project, all costs and expenses of the department, including interst due and payable, incurred in…
- § 11821 The money in the revenue fund is hereby appropriated for the payment of costs and expenses, for the maintenance and operation of the project, for making…
- § 11822 The money remaining in the revenue fund after providing the amount required for interest and redemption of bonds shall be devoted to the payment of the costs…
- § 11823 Notwithstanding anything contained in this part, the department may provide in the proceedings authorizing the issuance of bonds that revenues received during…